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

DSM, Heerlen, Netherlands, and Firmenich, Geneva, Switzerland, announced that they have entered into a business combination agreement (the "BCA") to establish the leading creation and innovation partner in nutrition, beauty and well-being — "DSM-Firmenich."

Upstate Niagara Cooperative Inc., Buffalo, N.Y., and Green Bay, Wis.-based BelGioioso Cheese Inc. signed transactional agreements to sell and purchase, respectively, the Upstate Farms Cheese LLC facility located in Campbell, N.Y.

J&J Snack Foods Corp., Pennsauken, N.J., said it entered into a definitive agreement to acquire Dippin’ Dots LLC, a Paducah, Ky.-based producer of flash-frozen beaded ice cream treats, for $222 million, subject to customary purchase price adjustments.

Glanbia Nutritionals said it acquired Sterling Technology, a North Sioux City, S.D.-based manufacturer of dairy bioactive solutions derived from bovine colostrum, for $60 million plus deferred consideration.

Sargento Foods said it signed a definitive agreement to acquire St. Cloud, Wis.-based string cheese producer Baker Cheese Factory Inc.

Pierre’s Ice Cream Co., a Cleveland-based manufacturer and distributor of ice cream and other frozen desserts, and Ohio Processors Inc., a London, Ohio-headquartered manufacturer and distributor of dairy-related products, said they finalized an agreement under which Ohio Processors will acquire Pierre’s Ice Cream.

Yuengling’s Ice Cream Corp., Orwigsburg, Pa., said it signed a binding letter of intent to acquire Atlanta-based Revolution Desserts LLC.

Grassland Dairy Products Inc., the largest privately owned butter producer in North America, said it completed the acquisition of Chicago-based Medlee Foods LLC.

Unibloc Pump, a Kennesaw, Ga.-based manufacturer of positive displacement pumps, air-operated double-diaphragm pumps and other flow-control products, said it continues to grow its family of hygienic flow control brands through the acquisition of Standard Pump.

The Urgent Company, the Los Angeles-based consumer brands subsidiary of Berkeley, Calif.-headquartered Perfect Day, announced the acquisition of Coolhaus, a women-owned ice cream company, from Sunrise Strategic Partners, Boulder, Colo., and other shareholders.