Upstate Niagara Cooperative to sell Campbell, NY, cheese plant to BelGioioso Cheese
Closing of the deal is expected to be completed within the next 60 days.
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. Closing of the deal is expected to be completed within the next 60 days, Upstate Niagara Cooperative said, pending final due diligence.
“We are pleased to have a strong national branded company like BelGioioso, owners of the Polly-O Brand, purchase this facility, maintain the business operations and continue the employment of all our team members,” said Lawrence Webster, CEO of Upstate Niagara Cooperative. “We are committed to completing this transition as seamlessly as possible for the benefit of all the parties involved, especially our employees and customers.”