OpenGate has acquired the Golden Guernsey brand, a widely recognised dairy brand with the region’s consumers, schools and retailers, as part of the transaction. The business is now operating as Golden Guernsey Dairy.
Andrew Nikou, OpenGate Capital founder and managing partner, said: “OpenGate has acquired a solid platform for growth with our new dairy processing plant and its associated brands. We look forward to working with Golden Guernsey plant management to accelerate its expansion opportunities and uphold its high standards for quality and excellence in milk products.”
The deal, which received regulatory approval, is OpenGate’s fifth acquisition in the last 12 months.
Source: OpenGate Capital
© FoodBev Media Ltd 2024