ARDEN HILLS, Minn. — Land O’Lakes has signed an agreement to acquire refrigerated dairy dessert company Kozy Shack Enterprises for an undisclosed sum.
“Kozy Shack is a strong strategic fit with our value-added dairy foods product portfolio,” said Chris Policinski, president and chief executive officer for farmer-owned cooperative Land O'Lakes, in a statement. “This long-time company — known for its strong brand and reputation for quality — opens the door for Land O’Lakes to achieve future growth in the attractive dairy dessert category.”
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Family-owned Kozy Shack, Hicksville, N.Y., markets bread, rice and dairy puddings in the U.S. and Canada, with a presence in Ireland for European customers. The transaction is subject to customary conditions and expected to close on July 31.