Finlays acquires Leahy-IFP to accelerate growth in natural beverages

Finlays, the global B2B beverage solutions provider, has acquired Leahy-IFP, a leading aseptic packer and formulator of natural fruit-based beverages based in Illinois, US in a move designed to strengthen its position in the fast-growing natural beverage sector.

Under the deal, Finlays will integrate Leahy-IFP with its global extracts division, Finlays Solutions, creating a comprehensive platform to serve brand owners, retailers, and foodservice operators across North America and beyond. The acquisition doubles Finlays’ footprint in the region and significantly expands its capabilities in the foodservice channel.

The combination brings together Finlays’ expertise in tea, coffee, and botanical extracts with Leahy-IFP’s strengths in fruit-based beverages, including high-growth categories such as Refreshers. The merged portfolio positions Finlays as a major force in natural beverage innovation, offering customers end-to-end capability across sourcing, product development, manufacturing, and packaging.

Both companies share deep family-owned roots and a strong alignment in values, ensuring what Finlays describes as a “natural fit” culturally and strategically.

Following the acquisition, integration is expected to be completed by January 2026. The combined business will be chaired by James Woodrow, group managing director of Finlays, with Mike Leahy of Leahy-IFP serving as deputy chair and Darnell Ross as chief executive officer.

“This is a transformational moment for Finlays Solutions and Leahy-IFP,” said James Woodrow. “Together, we’ll empower our customers to create a world where every sip brings joy.”

Mike Leahy added: “We’re proud of our 65-year heritage, and by joining Finlays, we can build on that legacy to create new opportunities for our people, customers, and partners.”

With operations across seven US sites, as well as in the UK and Kenya, the integrated network will support Finlays’ long-term vision of driving sustainable growth in natural beverages for some of the world’s leading brands.