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.
The cheese brand also is launching new packaging as part of a global rebranding.
July 23, 2020
Cheese snack brand Babybel, from Chicago-based Bel Brands USA, said it is launching a new campaign with the mission of inspiring consumers to “Join the Goodness.”
COVID-19 is real. It's wreaked havoc on society.
Like most other industries, agriculture has taken a beating. Dairy processors, farmers and allied companies all have suffered and now face a new world of personal protective equipment, social distancing, self-isolation and other preventative measures.
The investment will increase production capacity by 30%.
July 15, 2020
Ornua, Ireland’s largest premium dairy cooperative, announced a major expansion of its Ornua Ingredients North America division, with a $10 million investment upgrading its Hilbert, Wis., cheese ingredients operation.
News from dairy processors, suppliers and associations.
July 13, 2020
In response to increasing consumer demand for healthier, more natural options, My/Mo Mochi Ice Cream, Los Angeles, said it is moving to using only non-GMO ingredients while also replacing corn syrup with cane sugar as the sweetener across its entire mochi ice cream portfolio.
Most seniors remember grooving to the Bee Gees song "Stayin' Alive." And since the COVID-19 pandemic, their focus might have shifted from enjoying the golden years to literally staying alive.
Consumers may enter for a chance to win one of the weekly ice cream packages.
July 10, 2020
In recognition of National Ice Cream Month this July, Prairie Farms Dairy, Edwardsville, Ill., is inviting ice cream lovers everywhere to visit its July Ice Cream Month page and sign up for a chance to win one of 10 weekly ice cream packages.
The creamery is best known for its World Championship 4% small curd cottage cheese, and an external silo wrap will help emphasize this prestigious recognition.
July 9, 2020
Westby Cooperative Creamery said it is giving its 6,280-gallon silo on Main Street in Westby, Wis., a facelift by wrapping it to look like a giant cottage cheese container.