Up until only recently, milk sales in U.S. retail outlets had been on a decades-long decline. As the coronavirus forced many consumers to work, study and/or eat at home, however, retail milk sales benefited.
Both companies manufacture Hispanic frozen novelty products.
January 20, 2021
Wind Point Partners and portfolio company Tropicale Foods, an Ontario, Calif.-based manufacturer of authentic Hispanic-inspired frozen novelty products under the Helados Mexico brand, announced the acquisition of Paleteria La Michoacana (PLM), a portfolio company of Canum Capital Partners and Greyrock Capital Group.
Sue Conley and Peggy Smith are passing the torch to Amanda Parker, managing director, who will oversee company operations.
January 18, 2021
Sue Conley and Peggy Smith, the two chefs who co-founded Point Reyes Station, Calif.-based Cowgirl Creamery in 1997 and pioneered organic artisan cheesemaking in America, announced their retirement.
Maola Local Dairies, the signature brand from Maryland & Virginia Milk Producers Cooperative Association Inc. (MDVA), covers dairy products touted as being "fresh from farm to fridge" and "100% local."
Maryland & Virginia Milk Producers Cooperative Association Inc. (MDVA) lays claim to much more than a long name. The Reston, Va.-based dairy cooperative also boasts an impressively long history, celebrating its 100th anniversary in 2020.
The transaction includes all shares of Ultima Foods Inc. and the Iögo, Iögo Nanö and Olympic brands.
December 21, 2020
Lactalis Canada Inc., formerly Parmalat Canada Inc., a Toronto-based subsidiary of Lactalis Group, said it has reached a definitive agreement with Agropur Cooperative to acquire all shares of its Canadian yogurt business, Ultima Foods Inc.