EVANSTON, ILL. — CoreFX Ingredients acquired Wisconsin-based powder delivery systems and specialty oil distribution company Connoils LLC. Terms of the acquisition were not disclosed.

The acquisition of Connoils comes on the heels of CoreFX founder Denis Neville acquiring a majority stake in the company from Irish dairy processor Ornua.

CoreFX shared that Connoils will operate under CoreFX’s business unit and partner with an oil distributor to manage the bulk oils business.

Connoils produces oil powders that may be used in food, supplements and functional beverages.

“I am thrilled to start delivering on our promise of evolving quickly and accelerating the growth of CoreFX to make the world a better place through nutrition,” said Neville, chief executive officer at CoreFX. “The acquisition of Connoils is a perfect complement to our business, elevates our powder-delivery systems through our novel encapsulation technology, and is an important next step in the continued growth of our Health through Nutrition platform.”

Connoils was founded in 2007 by Stacy Peterson after the division of Cargill in which she was employed closed its operations.

Based in Waukesha, Wis., Cannoils uses green technology that may minimize the use of heat and airflow. The chemical-free technology transforms oils to oil powders that produce a stable microencapsulated ingredient.

CoreFX was founded in 2016 and uses spray-drying and dry-blending technologies to produce a range of dairy, cheese and lipid powder ingredient solutions for United States food manufacturing and foodservice customers.