Consolidation

Pic: Getty Images/SB

BiaVest and Development Capital to acquire Nomadic Dairy for €29m

By Jim Cornall

Food investment group BiaVest has partnered with Development Capital to acquire Donegal-based Nomadic Dairy from Donegal Investment Group plc for an upfront amount of €23m ($26.7m) and up to €6m ($7m) deferred consideration, contingent on FY 2022 financial...

Dairy Dialog podcast 157: Bubs, Ornua

Dairy Dialog podcast 157: Bubs, Ornua

By Jim Cornall

This week, we have interviews with Rick Pedersen, president, Ornua Ingredients North America, and Dennis Lin, chairman of Bubs. We also have our weekly look at the global dairy markets with Charlie Hyland at StoneX.

Pic: Lactalis

Lactalis completes acquisition of Leerdammer and Shostka

By Jim Cornall

Global dairy company The Lactalis Group has acquired the European cheese brand Leerdammer, in an operation that includes Royal Bel Leerdammer The Netherlands, Bel Shostka Ukraine, the commercialization of Bel products in Italy, Germany and Ukraine and...

Ronin said existing management and the acquired companies’ founders will retain a significant stake in the new group. Pic: Getty Images/pichet_w

Ronin Equity Partners acquires three specialty US cheese companies

By Jim Cornall

US based Ronin Equity Partners has acquired three specialty cheese companies: Red Apple Cheese, which produces smoked, flavored, and kosher specialty cheeses; Barron County Cheese, a smoker and co-packer for the specialty cheese industry; and Cheese Brothers,...

Pic: Getty Images/pichet_w

More than 40 dairy company deals in 2020

By Jim Cornall

Nestlé, Constellation Brands, Diageo, Keurig Dr Pepper, New Age Beverages and Pernod Ricard were the most acquisitive companies of 2020, according to the Zenith Global food and drink transactions database, with each responsible for five or more takeovers....

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