Foremost Farms USA has sold its Buttermilk Drying Business to Diversified Ingredients

Client – Foremost Farms USA

Foremost Farms USA (buttermilk drying business)

Milk solids processing business; divested assets were comprised of its buttermilk drying facility in Preston, MN.

Counterparty – Diversified Ingredients

Employee-owned business providing quality products and just in-time service to the pet food, feed and food ingredient industries.

* Transaction completed by Northborne professional(s) at prior firm.

Deal Highlights

Industry: Food & Consumer
Client Type: Closely-Held
Counterparty Type: Strategic
Headquarters: Middleton, WI

Deal Team

Managing Director

Benjamin Marks

Managing Director

Ben has spent his career advising closely held businesses, private equity firms and corporations on complex sell-side M&A transactions.

Prior to co-founding Northborne, Ben was a Managing Director at BMO Capital Markets, where he played a key role in building and leading the firm’s highly successful short line railroad advisory practice. In addition, he focused on specialty industrial sectors including transportation, chemicals, packaging and short line railroads.

Ben joined BMO through its acquisition of Greene Holcomb Fisher.

Ben earned a BS from Boston College’s Carroll School of Management.

Benjamin Marks

Managing Director

bmarks@northborne.com

612-351-8704

Food & Consumer

Healthcare

Industrials & Infrastructure

Services

Foremost Farms USA has sold its Buttermilk Drying Business to Diversified Ingredients

Client – Foremost Farms USA

Counterparty – Diversified Ingredients

Deal Highlights

Deal Team

Benjamin Marks