BiaVest and Development Capital completed the acquisition of Nomadic Dairy for €29m from Donegal Investment Group.

BiaVest, a food investment firm, and Development Capital, a private investment firm, completed the acquisition of Nomadic Dairy for €29m ($25m), from Donegal Investment Group. "Nomadic Dairy is Donegal to its core but, like BiaVest, is international in its outlook," Hilliard Lombard, BiaVest CEO.