Holton is based in LaGrange, near Chicago, Illinois and is a US supplier of food stabilizer and dry egg white products for the bakery and prepared food markets with annual net sales of $7m.
Mantrose-Haeuser is a subsidiary within RPM International Specialty Products Group.
Frank Sullivan, chairman/CEO, RPM, said the addition of Holton, with its expertise in food stabilizers, is a great fit for Mantrose as it expands its range of specialty food ingredients into the bakery market.
"Holton is a good strategic fit with our subsidiary, Mantrose-Haeuser,” he said.
“The acquisition provides a key entry into the bakery market.
Mantrose-Haeuser distribution network
“We expect to grow Holton internationally by leveraging its products across the Mantrose-Haeuser distribution network."
Holton supplies dry egg white products, used with its food stabilizers, for small-or large-scale, production of meringue toppings, fillings, cookies, cakes, pies, and other dessert and entrée items.
Its products are primarily sold to large bakery and food companies to optimize appearance, texture, moisture control, production efficiency, freeze-thaw stability and shelf life.
Ross, John and David Holton, sons of the founder, will stay on to run the business.