Hilbert, October 11, 2021: Irish dairy cooperative, Ornua, announced today it has completed the acquisition of U.S. cheese ingredients business, Whitehall Specialties Inc. (WSI) for an undisclosed sum from Mason Wells, a private equity firm based in Milwaukee, Wisconsin. The acquisition complements Ornua’s U.S. Ingredients division, Ornua Ingredients North America (OINA), and is central to Ornua’s long-term growth strategy in the U.S. cheese ingredients market.
OINA is a leading provider of customized functional cheese solutions for U.S. food manufacturing and foodservice customers.
This acquisition significantly increases OINA’s current position in the U.S. cheese ingredients market, expanding its production footprint to six well-invested facilities across Wisconsin, Minnesota and Pennsylvania. The transaction is central to Ornua’s long-term sustainable growth strategy, unlocking significant advanced capacity and flexibility to support its existing and new customers’ ambitious growth plans according to the reports published in businesswire.com.
“We are delighted to expand our U.S. ingredients footprint with the acquisition of Whitehall Specialties and warmly welcome the WSI team and their customers and suppliers to the Ornua family,” said Rick Pedersen, President, OINA. “Our business has been on a strong trajectory of growth over the last ten years, and in partnering with WSI we are creating a powerful partnership that builds a strong foundation for long-term, sustainable growth. Our business is focused on building long-term partnerships with our customers through innovation, best-in-class technical expertise and close collaboration. The capacity and flexibility enabled by this partnership will allow us to further our ability to meet the needs of our customers and to deliver enhanced solutions to help them grow their businesses.”
Outside of the cheese ingredients sector, Ornua is a leading supplier in the U.S. consumer market with its flagship brand, Kerrygold. Kerrygold, Ireland’s only €1 billion food brand, is the number two butter brand in the U.S. and sells 10 million packs each week globally.
