Announced
Completed
Synopsis
The Original Juice, an Australian beverage and wellness supplement company, completed the acquisition of SPC Global, a food and beverage manufacturer, and powdered milk business from Nature One Dairy, an Australian-made dairy company specializing in high-quality baby milk products. Financial terms were not disclosed. “This is a transformational moment for OJC, bringing our premium portfolio of juice products and processing technology together with SPC’s iconic brands and the powdered milk business of Nature One Dairy, creating significant production capability to create a food and beverage producing market-leader. The strategy has always focused on setting up the business for future growth and synergies, and I am extremely excited about what the future holds for OJC. The OJC team is excited to join the 100-year legacy of SPC and contribute to taking the Combined Business forward in its next phase of success,” Steven Cail, CEO The Original Juice Company.
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