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Kaulig Capital Sells Phillips Syrups & Sauces to Lyons Magnus

October 6, 2021


Kaulig Capital has sold Phillips Syrups & Sauces, a Westlake, Ohio-based manufacturer of gourmet syrups and unique sauces for coffee and ice cream shops, to Lyons Magnus. Founded in 1852, Lyons develops and manufactures beverage and ingredient solutions, including plant-based milks, cold-brew coffees, teas, nutritional beverages, beverage syrups, sauces, fruit preparations, and toppings.

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