Holman Webb Partner, Danny Adno, has advised on the sale of a market leading supplier and distributor of innovative value-added ingredients and all products, being the business conducted by Ingredients Resources Pty Limited, to Connell Bros., an Australian entity within the Wilbur-Ellis group of companies.

Wilbur-Ellis is a leading U.S. privately- and family-owned international distribution business with sales over $3 billion, and with major leadership hubs in Singapore, Bangkok, Hong Kong and San Francisco.

Founder and CEO of Ingredient Resources, Dennis Chesser said “We are proud to join Connell, a strong and dynamic organisation with a 120-year history of continuous growth in the Asia-Pacific region.”

Read the full press release from Connell