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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.
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.