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Tasteconnection acquired by Nactarome Group

UNITED KINGDOM Food Processing / Ingredients REV £5–25M

Context

Ambienta-backed Nactarome Group completed the acquisition of TasteConnection from its founders, marking its fourth add-on in 2.5 years and establishing a UK industry hub. Transaction facts detail full ownership transfer of the seasonings specialist, integrating its Gloucestershire facility adjacent to Nactarome's existing operations for streamlined synergies. Rationale centers on strategic adjacency in clean-label flavourings, with TasteConnection's snacks and savoury dominance complementing Nactarome's top-notes portfolio to create comprehensive aromatic solutions. This bolt-on exemplifies platform consolidation in natural ingredients, where sustainability-focused PE deploys dry powder for high-growth niches—benchmarking Ambienta's serial add-ons against peers and signaling robust M&A pipelines for clean-label leaders targeting defensive consumer staples.

Tasteconnection, which reported an EBITDA margin of [members only] in 2021, is valued in this transaction at an EV/EBITDA multiple of [members only].

-> Deep-dive in AgriFood market trends

Target

TasteConnection, founded in 2002 and headquartered in Alderley, Gloucestershire, United Kingdom, stands as a premier manufacturer of innovative seasonings, bespoke flavourings, provenanced ingredient blends, and culinary products tailored for food processors. The company specializes in natural solutions for the snacks and savoury markets, including handmade crisps, chips, and ready meals, serving over 70 of the UK's largest snacks producers alongside niche brands. Its core strength lies in anticipating consumer trends through custom development of clean-label seasonings that combine aromatic profiles with functional blends. Renowned as a market innovator, TasteConnection commands strong positions in high-growth segments driven by sustainability and natural ingredient demand.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2021
£5–25M
[members only]
[members only]
2020
£5–25M
[members only]
[members only]

Other operations with Nactarome Group

Other operations with Nactarome Group
DateAcquirerTargetCountrySector
08/2025NACTAROME GROUPCLAREMONT INGREDIENTSUNITED KINGDOMIngredients
03/2023NACTAROME GROUPROYAL BUISMANNETHERLANDSIngredients
11/2021TA ASSOCIATESNACTAROME GROUPITALYIngredients

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03/2021LIFEBRANDS NATURAL FOODREVOLUTION TEAUNITED STATESCoffee & Tea
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REFERENCES

Revenue range: REV £5–25M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Tasteconnection by Nactarome Group are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: tasteconnection

FAQ

What transaction does this page cover?

This page covers Nactarome Group’s acquisition of 100% of Tasteconnection, a British company specialised in Ingredients, in 2021.

What was Tasteconnection’s revenue at the time of the deal?

At the time of the transaction, Tasteconnection’s annual revenue was estimated within the £5–25M range (FY 2021). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

What is mynth?

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