M&A Deal Summary

ByHeart Acquires DairiConcepts - Infant Formula Manufacturing Facility

On January 25, 2023, ByHeart acquired food company DairiConcepts - Infant Formula Manufacturing Facility from DairiConcepts

Acquisition Highlights
  • This is ByHeart’s 1st transaction in the Food sector.
  • This is ByHeart’s 2nd transaction in the United States.
  • This is ByHeart’s 1st transaction in Iowa.

M&A Deal Summary

Date 2023-01-25
Target DairiConcepts - Infant Formula Manufacturing Facility
Sector Food
Buyer(s) ByHeart
Sellers(s) DairiConcepts
Deal Type Divestiture

Target

DairiConcepts - Infant Formula Manufacturing Facility

Allerton, Iowa, United States
DairiConcepts' Infant Formula Manufacturing Facility producing high-quality milk and dairy ingredients. DairiConcepts' Infant Formula Manufacturing Facility is based in Allerton, Iowa.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ByHeart

New York, New York, United States

Category Company
Founded 2016
Sector Consumer Products
DESCRIPTION

ByHeart is a next-generation baby nutrition company dedicated to empowering parents with choices for a better feeding future. ByHeart was founded in 2016 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-05 Cascadia Nutrition

Portland, Oregon, United States

Cascadia Nutrition is an FDA-registered packaging and blending has been packaging infant formula for international brands. Cascadia Nutrition is based in Portland, Oregon.

Buy -

Seller(S) 1

SELLER

DairiConcepts

Springfield, Missouri, United States

Category Company
Founded 2000
Sector Food
DESCRIPTION

DairiConcepts L.P. is a dairy marketing cooperative that serves and is owned by more than 14,000 members on more than 8,000 farms in 48 states. DFA is a manufacturer of dairy products, food components and ingredients and is a leader in formulating and packaging shelf-stable dairy products. DairiConcepts L.P. was founded in 2000 and is headquartered in Springfield, Missouri.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1