M&A  October 30, 2018

California firm to acquire Noosa Yoghurt

BELLVUE — Noosa Yoghurt LLC has been purchased by Sovos Brands, a food and beverage company backed by Advent International. Terms of the deal were not disclosed.

Sovos’ portfolio includes brands such as Michael Angelo’s and Rao’s Homemade, both acquired in 2017. Berkeley, Calif.-based Sovos focuses on acquiring high-quality brands in on-trend categories.

Noosa was co-founded in 2009 by Koel Thomae and Rob Graves, who wanted to bring Australian-style yogurt — creamy with a sweet-tart flavor — to the United States. It is made in Northern Colorado at a family farm and facility in Bellvue, northwest of Fort…

Related Posts

Sign up for BizWest Daily Alerts
Closing in 8 seconds...