Articles Tagged with ''mergers and acquisitions in the dairy industry''

Dean Foods Co. is selling its Morningstar Foods division to Saputo  inc. for $1.45 billion on a debt-free basis. The transaction is expected to close by the end of December 2012.

 TreeHouse Foods acquired the assets of the aseptic cheese and pudding business from Associated Milk Producers Inc. 

Royal DSM, the global Life Sciences and Materials Sciences company, announced today that it has entered into a definitive agreement to acquire Fortitech, Inc. (Fortitech) in an all cash transaction for a total enterprise value of $634 million (about €495 million). 

On Friday, Nov. 2, Zentis said it acquired the Sweet Ovations LLC from Speyside Equity, a private equity firm. Sweet Ovations has a manufacturing facility in Philadelphia and one near Los Angeles. Zentis has a facility in Plymouth, Ind. 

Schneider Packaging Equipment Co., Brewerton, N.Y., said today it acquired the assets of S&R Machinery, a supplier of random and uniform case sealers based in Olyphant, Pa. Schneider specializes in end-of-line solutions for case packing and palletizing.

Royal DSM will buy Cargill’s cultures and enzymes business. Or not. The two are talking about it.

Privately owned Brothers International Desserts Inc., Irvine, Calif., this week said it acquired the Organic Rice Divine line of frozen desserts from Good Karma Food Technologies Inc., Prairie du Sac, Wis.