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

news about suppliers to the dairy processing industry from dairy foods magazine dairyfoods.com

Chr. Hansen to sell its Natural Colors Division to EQT

Natural Colors’ products are primarily used in food and beverage applications.
October 2, 2020
Chr. Hansen, Hørsholm, Denmark, and the EQT IX fund, Stockholm, said that that EQT has agreed to acquire the Natural Colors Division, a subsidiary of Chr. Hansen.
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Kraft Heinz divested brands

Kraft Heinz agrees to sell its natural cheese business to Groupe Lactalis

The transaction is expected to close in the first half of 2021.
September 15, 2020

The Kraft Heinz Co., headquartered in Chicago and Pittsburgh, said it entered into a definitive agreement to sell its natural, grated, cultured and specialty cheese businesses to a U.S. affiliate of the French dairy giant Groupe Lactalis (Buffalo, N.Y.-based Lactalis American Group) for the purchase price of $3.2 billion.


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TricorBraun Price Container

TricorBraun to acquire Price Container and Packaging

The acquisition will help TricorBraun expand its range of packaging solutions.
September 2, 2020
Packaging supplier TricorBraun, St Louis, said it has entered into an agreement to acquire Price Container and Packaging, a Willard, Utah-based rigid packaging distributor serving primarily the industrial and food markets.
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Glanbia Nutritionals Foodarom acquisition

Glanbia Nutritionals expands flavor capabilities with acquisition of Foodarom

The deal will expand Glanbia’s ability to provide ingredient systems to its customers.
August 13, 2020
Glanbia Nutritionals, Chicago, a wholly owned subsidiary of Kilkenny, Ireland-based Glanbia plc, said it agreed to acquire Foodarom, a Québec-based custom flavor designer and manufacturer servicing the food, beverage and nutritional product industries with turnkey flavors and formulation support.
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Borden Dairy logo

Borden Dairy completes sale to Capitol Peak Partners and KKR

Capitol Peak assumed majority ownership of the new company, and KKR became a lender and minority equity investor.
July 24, 2020

Borden Dairy said it and certain affiliates finalized the approximately $340 million sale of substantially all Borden assets to Capitol Peak Partners and KKR.


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ProMach logo

ProMach acquires equipment manufacturer Modern Packaging

The deal expands ProMach’s capabilities into the filling of cups and trays.
July 15, 2020
ProMach, a Cincinnati-headquartered provider of packaging machinery solutions, said it acquired Deer Park, N.Y.-based Modern Packaging, a manufacturer of filling and sealing solutions for the food and dairy industries.
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dairy foods news

Borden Dairy approved for sale to Capitol Peak Partners, KKR

A new, solvent Borden will continue employment for employees and service for customers.
June 26, 2020

Borden Dairy, Dallas, announced the start of a new chapter, with Capitol Peak Partners and its affiliates acquiring substantially all Borden assets following completion of a court-supervised sale process.


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Dairy.com acquires My Dairy Dashboard

Dairy.com acquires My Dairy Dashboard from joint venture partner

The company reached an agreement with Virtus Nutrition for majority ownership of the platform.
June 4, 2020
Frisco, Texas-based Dairy.com said it acquired majority ownership of My Dairy Dashboard after reaching an agreement with the platform’s cofounder Virtus Nutrition LLC, Corcoran, Calif.
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Turkey Hill logo

Turkey Hill acquires ice cream production facility from Yarnell Ice Cream

The 100,000-square-foot plant in Searcy, Ark., will further expand Turkey Hill’s production capacity, capabilities and geographic reach.
June 3, 2020

Turkey Hill LLC, a Lancaster, Pa.-based manufacturer and distributor of branded ice cream and refrigerated drinks, said it acquired an ice cream and novelty production facility in Searcy, Ark., from Yarnell Ice Cream LLC, a subsidiary of Schulze & Burch Biscuit Co.


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