Blue cheese manufacturer Maytag Dairy Farms has been offered through its US-based private-equity proprietor Midwest Enlargement Companions to AgCertain Industries.
AgCertain Industries, an agri-food industry production private-label cooking oils and delicate glycerine, is a portfolio corporate of Midwest Enlargement Companions.
The personal-equity company bought Newton, Iowa-based Maytag Dairy Farms in 2019 from its circle of relatives house owners.
Maytag Dairy Farms, arrange in 1941, is a branded industry promoting blue cheese, cheddar and cheese spreads to shops and foodservice shoppers, in addition to on-line by way of the direct-to-consumer channel. The corporate additionally provides jam, honey and popcorn.
John Mickelson, a managing spouse of West Des Moines, Iowa-based Midwest, stated: “The combo of those two corporations helps proceeding luck and spurs larger possible for enlargement throughout AgCertain’s rising set of manufacturers, services and products.”
Monetary phrases weren’t disclosed.
“Maytag’s luck is rooted in its dedication to high quality and I consider the corporate has super alternative to develop and supply a broader vary of services and products to our consumers,” stated Daniel Oh, the CEO of Iowa-based AgCertain Industries.
“Through combining our two Iowa-based corporations, we’re in a position to create deeper branding alternatives and expanded gross sales alternatives for each organisations.”
Comparable Corporations
