After expanding to mainstream retailers like Walmart and Whole Foods, Bellvue’s Noosa Yoghurt may be looking for a buyer, according to a report in the New York Post.
The paper cited two unnamed sources that Noosa’s private equity owner Advent International may have tapped Deutsche Bank to sell the company. Noosa, which had $170 million in sales last year, is seeking $600 million, according to the paper.
Reached Thursday, Noosa spokesman Rich Goldblatt declined to comment “on market speculation or rumors.”
Earlier in the day, Gov. John Hickenlooper gave a shout out to the local whole-milk yogurt producer during his State of the State address.
“Seven years ago, Robert Graves, a fourth-generation dairy farmer in Bellvue, Colorado, started making an Australian style yogurt…which you can now buy in all fifty states,” said Hickenlooper, in highlighting some of the state’s top entrepreneurs in rural communities. “Noosa yogurt is in all 50 states and has annual revenues of over two-hundred million dollars.”
Source: The Denver Post
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
