Announced

Completed

GreenTop Acres completed the acquisition of United Dairy from Bontrup.

Synopsis

GreenTop Acres, a dairy farming company operating large-scale dairy farms in the US Midwest focused on raising dairy cattle and producing milk through integrated farm operations, completed the acquisition of United Dairy, a US dairy farming operation owning and operating multiple modern dairy farms in Indiana and Ohio, producing Grade A milk and managing related logistics to supply dairy markets, from Bontrup, a family-owned group of companies involved in raw materials, logistics, agriculture and dairy farming. Financial terms were not disclosed. "We are proud of what we have built with United Dairy Group and are confident that GreenTop Acres is the right partner to continue its growth journey whilst unlocking synergies. Their long-term vision, commitment to sustainable dairy farming, and operational excellence align closely with our values. We thank the Clearwater team for their hands-on support and strategic and financial guidance throughout the process. The Clearwater team has showcased the expertise necessary to navigate this complex process towards a successful outcome for all," Bram Bontrup, Bontrup CEO.

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MergerLinks - GreenTop Acres completed the acquisition of United Dairy from Bontrup.