Middle market private equity firm Highlander Partners LP has acquired ingredients distributor Fuerst Day Lawson Holdings Ltd. Financial terms were not disclosed. The target’s CEO, Mac Mardi, has also partnered on the deal.
Fuerst Day is based in London and was founded in 1884 as a commodities trader. In addition to trading, the company provides ingredients such as amino acids, beverage syrups and sweeteners to the food and beverage, fragrance and chemical sectors. Fuerst Day has operations in the U.S., England, India and China.