Paris-based Danone and Earth Island, maker of the Follow Your Heart brand plant-based foods, said they entered into a share purchase agreement under which Danone will acquire 100% of the shares of Earth Island.

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.

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.

High Road Craft Brands, Marietta, Ga., said it finalized the acquisition of the former Three Twins plant in Sheboygan, Wis.

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.

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

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.

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.

Dairy Farmers of America (DFA), Kansas City, Kan., announced the closing of its transaction to acquire a substantial portion of the assets of Dallas-based Dean Foods Co.

Kansas City, Kan.-based Dairy Farmers of America (DFA) said Dean Foods Co., Dallas, accepted a revised bid from DFA on March 31 for a “large portion” of Dean Foods’ assets.