dairy acquisitions | Dairy Foods

The Urgent Company acquires Coolhaus ice cream brand

The company plans to transition to Perfect Day animal-free ‘dairy.’

December 13, 2021

The Urgent Company, the Los Angeles-based consumer brands subsidiary of Berkeley, Calif.-headquartered Perfect Day, announced the acquisition of Coolhaus, a women-owned ice cream company, from Sunrise Strategic Partners, Boulder, Colo., and other shareholders.

Michigan Milk Producers Association to acquire Superior Dairy

Building on the strong partnership developed between the two organizations over the years, the acquisition will bring greater innovation, product diversity and efficiencies to the marketplace

December 6, 2021

The Michigan Milk Producers Association (MMPA), Novi, Mich., said it will acquire Superior Dairy in Canton, Ohio, a subsidiary of LEL Operating Co.

Saputo acquires the Carolina Aseptic and Carolina Dairy businesses

The company said the acquisition of these businesses will better position the company for capturing the growing demand for aseptic protein beverages and nutritional snacks.

September 1, 2021

Saputo Inc., Montreal, said it completed the acquisition of the Carolina Aseptic and Carolina Dairy businesses formerly operated by AmeriQual Group Holdings LLC.

Harris Teeter selling Hunter Farms dairy business to Maryland & Virginia Milk Producers Cooperative Association Inc.

The sale is expected to close on Aug. 30, 2021.

August 17, 2021

Maryland & Virginia Milk Producers Cooperative is a community of more than 900 dairy farm families in 13 states that is “passionate about cultivating dairy goodness and bottling fresh Maola brand milk and dairy products.”

Lifeway Foods announces intent to acquire assets of GlenOaks Farms

The acquisition will expand Lifeway Foods’ position within the better-for-you drinkable dairy space.

August 3, 2021

Lifeway Foods Inc., a Morton Grove, Ill.-based supplier of kefir and other fermented probiotic products to support the microbiome, announced its intent to acquire certain assets of privately held Laguna Beach, Calif.-based GlenOaks Farms Inc., a drinkable yogurt brand founded in 1984.

Saputo announces two strategic acquisitions

The acquisitions are in line with — and will contribute favorably to — Saputo’s new global strategic plan objectives.

May 25, 2021

Saputo Inc. announced two strategic acquisitions: one the dairy alternatives space and one in the value-added ingredients segment.

Danone to add Earth Island’s Follow Your Heart brand to its family of plant-based brands

Danone and Earth Island entered into an agreement under which Danone will acquire 100% of the shares of Earth Island.

February 19, 2021

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.

Tropicale Foods acquires Paleteria La Michoacana

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.

Lactalis Canada to acquire Agropur's Canadian yogurt business

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.