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Kainos Capital has agreed to sell its portfolio company, Olde Thompson, to Olam Food Ingredients for $950 million. Olde Thompson, headquartered in Oxnard, California, is the largest supplier of private label dry spices in North America. Previously acquired by Kainos in May 2018, the company recently expanded its product offerings after acquiring Gel Spice. The transaction is expected to complete in Q2 2021, benefiting Olde Thompson's stakeholders through enhanced resources and access to Olam's global sourcing capabilities.