ICL Acquires Bartek for $90 Million to Expand Food Ingredients Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
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Source: Newsfilter
- Strategic Acquisition: ICL has entered into a definitive agreement to acquire 50% of Bartek for approximately $90 million, further solidifying its market leadership in functional food ingredients and positioning the company for sustainable growth in the future.
- Market Leadership: Bartek, a global leader in food-grade malic and fumaric acid with annual revenues of about $65 million, distributes products to over 40 countries, and ICL's acquisition will enhance its competitive edge in the global functional food ingredients market.
- Capacity Expansion: Bartek is constructing a new production facility expected to be completed in 2026, which will significantly increase capacity and production volumes, supporting ICL's participation in the functional food ingredients market projected to exceed $45 billion by 2030.
- Strategic Focus: This acquisition aligns with ICL's strategic focus on specialty crop nutrition and food solutions, indicating the company's commitment to pursuing non-organic growth opportunities to create long-term value and enhance shareholder returns.
Analyst Views on ICL
Wall Street analysts forecast ICL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ICL is 6.00 USD with a low forecast of 6.00 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 5.510
Low
6.00
Averages
6.00
High
6.00
Current: 5.510
Low
6.00
Averages
6.00
High
6.00
About ICL
ICL Group Ltd, formerly known as Israel Chemicals Ltd, is an Israel-based company, which is engaged in the fertilizer and specialty chemical sectors. The Company operates in three segments: Fertilizers, Industrial Products, and Performance Products. The Fertilizers segment is engaged in the production of standard, granular, fine red and white potash from different sources, as well as in the production of phosphates, such as phosphate rock, phosphoric acid, fertilizers and animal feed addictives. The Industrial Products segment produces flame retardants, such as brominates and organ phosphorus, elemental bromine, and other chemicals. The Performance Products segment produces specialty phosphates, such as technical, food grade and electronic grade phosphoric acid, phosphate salts, food additives and wildfire safety products, as well as alumina and other chemicals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
