Nexture has signed an agreement to acquire Frulact, a Portugal-based manufacturer of fruit-based specialty ingredients. The acquisition is expected to be completed in the first quarter of 2026, pending regulatory approvals. Frulact's products are used in a variety of applications, including dairy, ice cream, desserts, and beverages, and the company generated revenues of around €265 million in the 12 months to September 30, 2025. This acquisition allows Nexture to strengthen its European presence and expand into high-growth regions.

All members of Frulact's leadership team will remain in their current roles following the acquisition. Nexture, held by Investindustrial VII L.P., has a buy-and-build strategy to expand its presence in value-added ingredients and fruit preparations. With this acquisition, Nexture's estimated revenues will be approximately €1.1 billion, and the company's industrial footprint has expanded to 24 factories worldwide. By combining Frulact's expertise with Nexture's market presence, the company aims to accelerate innovation and value creation for its customers.