Solina has acquired W.T. Lynch Foods Limited in Canada to accelerate its expansion in the North American market.
Lynch Foods is an Ontario-based manufacturer of customized savoury and sweet culinary solutions for foodservice and industrial markets, generating $95m CAD annual sales. The company provides table portion and kitchen bulk sizes of sauces, syrups and dessert toppings, plus soup and gravy bases to its foodservice, QSR, and industrial customers.
Lynch Foods’ leadership team and the company’s 178 employees will join Solina, bringing its headcount in Canada to more than 315.
“In Lynch Foods, we have bought a company that has a similar and complementary business platform to Berthelet and the capacity and capabilities to drive our growth as a leading food solutions partner in the Canadian market,” Anthony Francheterre, CEO of Solina, said. “This is a positive and exciting move for both companies, our customers, and our people.”
“This is a remarkable moment for us in Canada,” said Guillaume Dubois, president of Solina Canada. “Having Lynch Foods and Berthelet in our portfolio gives us coverage coast-to-coast and establishes Solina as the leader in foodservice and customized flavour solutions nationally. Our customers and our people will benefit from our expanded capabilities and ability to grow with them.”
Solina has made a series of acquisitions in Canada and the United States in recent years, including Canadian foodservice leader Produits Alimentaires Berthelet in 2020. In addition Solina bought Asenzya, a provider of custom, dry savoury solutions, and Saratoga Food Specialties, a leader in custom seasoning and sauce flavour solutions for foodservice chains and food manufacturers.
Solina now has four sites in the U.S. and three in Canada that complement its portfolio of culinary dry and liquid ingredient solutions in Europe.