Milk Specialties management teams with equity firm in buyout

By Hank Schultz

- Last updated on GMT

Related tags Private equity firm Nutrition

Milk Specialties management teams with equity firm in buyout
The management team of Milk Specialities Global has partnered with a private equity firm to acquire the assets of the company, it was announced yesterday.

Milk Specialties’ management has teamed with an affiliate of private equity firm American Securities LLC to acquire the assets from Kainos Capital, which in turn acquired the company in 2011.  Kainos has a number of investments in the nutrition space, including InterHealth Nutraceuticals, makers of UC II, a denatured collagen ingredient for joint health.

Founded in 1949, Milk Specialties is a leading human and animal nutrition company.  The company's Human Nutrition Business Unit is a manufacturer of whey and milk protein ingredients used primarily in the sports nutrition and functional food markets.  The company’s Animal Nutrition Business Unit is a provider of products to the dairy industry.

“Milk Specialties has a strong history of growth in an exciting market. Demand for protein has soared driven by global population growth and interest in healthy lifestyles. We are excited about our new partnership with American Securities to support our growth goals in this expanding market,”​ said Dave Lenzmeier, CEO of Milk Specialties.

The company said its headquarters will remain in Eden Prairie, MN and it will be business as usual for its 700 employees. The deal, whose details were not disclosed, is expected to close later this year.

Related news

Show more

Related products

show more

Pycnogenol® for Sport: eNOS and Beyond

Pycnogenol® for Sport: eNOS and Beyond

Content provided by Horphag Research | 21-Mar-2024 | White Paper

Engaging in physical activities immediately triggers a number of physiological responses from our body (1). First, our liver glucose output and adipose...

A Groundbreaking Prebiotic

A Groundbreaking Prebiotic

Content provided by ADM | 12-Mar-2024 | Infographic

PreforPro® is a clinically studied prebiotic that supports the growth of select beneficial bacteria in the gut by utilizing phage technology.

Stay one step ahead in the collagen market

Stay one step ahead in the collagen market

Content provided by Bioiberica | 26-Feb-2024 | White Paper

It's no secret that interest in collagen is at an all-time high – especially for joint health. This presents a real opportunity for manufacturers...

Krill oil supports six key areas of healthy aging

Krill oil supports six key areas of healthy aging

Content provided by Aker BioMarine | 14-Feb-2024 | White Paper

The global population is getting older—according to WHO by 2050 the world’s population over 60 years will double and the population above 80 years will...

Related suppliers

Follow us

Products

View more

Webinars