Lakeview Farms, a portfolio company of CapVest Partners, announced it has entered into a definitive agreement to acquire the noosa yoghurt brand from Campbell Soup Company.
“We are excited to welcome the noosa yoghurt brand and team to the Lakeview Farms family,” said Tom Davis, Lakeview Farms Chief Executive Officer. “noosa fits perfectly into our portfolio of premium refrigerated food brands and offers Lakeview a unique opportunity to step into the high-growth yoghurt category. noosa also brings us a team with deep talent and expertise and a state-of-the-art manufacturing facility. We look forward to noosa joining us as we continue building our business through commitment to innovation, quality products, and world-class manufacturing and distribution.”
noosa is a leading manufacturer and marketer of premium whole-milk, Australian-style yoghurt products, known for its rich, creamy texture and unique flavors, a press release explained. The transaction includes all noosa yoghurt trademarks and its manufacturing facility in Bellvue, Colorado. Approximately 240 current noosa team members will transition to Lakeview Farms with the business.
Lakeview Farms, headquartered in Ohio, owns a growing portfolio of brands in the fresh foods space. This acquisition adds significant size and scale to Lakeview’s refrigerated portfolio and expands its presence into the $8 billion yoghurt category.
This strategic acquisition of noosa yoghurt unlocks new opportunities and capabilities for Lakeview’s future growth in the U.S. market.
The transaction is anticipated to close in the first quarter of 2025, subject to customary closing conditions.
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