Merit has made a strategic investment in Bluegrass Dairy and Food, Inc., a prominent processor of value-added dairy ingredients, to enhance its capabilities and market reach within the evolving dairy industry.
Information on the Target
Bluegrass Dairy and Food, Inc., based in Glasgow, Kentucky, is a prominent player in the processing of custom, value-added dairy ingredients tailored for the food and beverage sector. The company is committed to sourcing raw milk from local dairy farmers and transforming it into a diverse array of products. These include intermediate and shelf-stable items such as dry milk, cheese powders, non-dairy creamers, shortening powders, and specialty butters.
Bluegrass serves a broad spectrum of clients, ranging from food distributors to companies specializing in ingredients, seasonings, and flavorings, as well as both branded and private label food manufacturers. This positions Bluegrass as a critical supplier within the dairy ingredient market, meeting varying consumer demands through its extensive product offerings.
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Industry Overview in the Target’s Specific Country
The dairy industry in the United States remains a significant component of the agricultural sector, characterized by continuous innovation and adaptation to market needs. As consumer preferences evolve towards health-conscious and sustainable foo
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Merit
invested in
Bluegrass Dairy and Food, Inc.
in 2023
in a Corporate VC deal