Platinum Equity has successfully acquired a majority stake in Horizon Organic and Wallaby from Danone, positioning them for accelerated growth in the organic dairy market.

Information on the Target

Horizon Organic is the premier USDA-certified organic dairy brand globally, established in 1991 as a pioneer by introducing the first coast-to-coast organic milk in the United States. The brand's diverse portfolio encompasses a wide range of organic dairy products including milk, creamers, yogurt, cheese, and butter, well-regarded for their quality and taste.

Additionally, the acquisition includes the Wallaby brand, known for its Australian-inspired Greek-style yogurt crafted with organic milk and top-quality ingredients. Both brands signify Platinum Equity's strategy to innovate and lead in the organic dairy sector.

Industry Overview in the U.S.

The U.S. dairy industry is currently valued at approximately $68 billion, with milk sales contributing around $17 billion to this figure