Cannae Holdings and KDSA to Acquire Majority Stake in Watkins Company

Cannae Holdings, in partnership with KDSA, has reached an agreement to acquire a majority stake in The Watkins Company, a historic brand known for its premium flavoring products. This acquisition is set to enhance Watkins' growth and innovation in its range of spices, seasonings, and extracts. The current Chairman, Mark Jacobs, will retain a substantial equity stake, ensuring continuity and expertise in the brand's operations. The deal is anticipated to finalize by October 2024, marking a significant milestone in the expansion strategy of both Cannae Holdings and KDSA.