Lakeview Farms and noosa yoghurt Merge to Create Novus Foods

CINCINNATI – Lakeview Farms, a portfolio company of CapVest Partners LLP, has announced the successful completion of its merger with noosa Holdings, Inc.

The combined companies will operate under the new name, Novus Foods, with the goal of becoming a leading consumer packaged goods company in the refrigerated section of grocery stores.

The merger, initially announced in November 2024, has received all necessary regulatory approvals which means that noosa yoghurt will operate as a stand-alone division of Novus Foods.

We are thrilled to join the noosa yoghurt business with Lakeview Farms as we create Novus Foods, This represents a huge opportunity for both businesses to leverage their strengths and innovate within the growing yogurt category and beyond. Novus Foods will embody the companies’ combined expertise and passion for delivering high-quality, innovative fresh foods to consumers.

said Tom Davis, CEO of Lakeview Farms

Novus Foods brings together Lakeview Farms’ diverse portfolio of refrigerated desserts, dips, salsa, hummus, and specialty products (including brands like Fresh Cravings, La Mexicana, Señor Rico, and Salads of the Sea) with noosa’s popular Australian-style, whole milk yoghurt known for its creamy texture and unique flavors.

Paula Benedetto, noosa SVP/General Manager, expressed excitement about joining Lakeview Farms, highlighting their shared commitment to quality and the refrigerated snacking space. “Together as Novus Foods,” she said, “we have a stronger platform to continue growing and delivering exceptional products to our customers and consumers.”

The rebrand to Novus Foods is expected to be completed in the second half of 2025. Approximately 240 noosa team members have joined Novus Foods as part of the merger.

The company’s products are available at major retailers, including Walmart, Kroger, Albertson’s, and Publix.

Citi, Truist, and TD Securities served as joint lead arrangers for the financing of the merger. Citi acted as lead financial advisor to Lakeview Farms, with Truist and TD Securities also advising.

The terms of the merger were not disclosed.

SOURCE Lakeview Farms