Land O'Lakes to acquire Kozy Shack
July 10, 2012
ARDEN HILLS, MINN. — Land O’Lakes, Inc. has signed an agreement to acquire New York-based Kozy Shack Enterprises, Inc., a producer of chilled dairy desserts. Terms of the transaction have not been disclosed, and the deal is expected to close on July 31.
“Kozy Shack is a strong strategic fit with our value-added dairy foods product portfolio,” said Chris Policinski, chief executive officer for Land O’Lakes. “This longtime company — known for its strong brand and reputation for quality — opens the door for Land O’Lakes to achieve future growth in the attractive dairy dessert category.”
Robert Striano, president and c.e.o. of Kozy Shack, added, “It is exciting for the 40-plus year-old Kozy Shack brand to be infused with expanded resources and brand-building focus. The future is bright for the Kozy Shack business as a strategic brand within the Land O’Lakes portfolio.”