Platinum Equity Acquires Horizon Organic and Wallaby from Danone

Horizon Family Brands Acquires Maple Hill Creamery

December 1, 2025

Food & Beverage

Horizon Family Brands has acquired Maple Hill Creamery, bringing the 100% grass-fed organic dairy maker into Horizon’s portfolio to expand its organic dairy offerings and strengthen retail distribution across the U.S. The deal aims to combine Maple Hill’s grass‑fed expertise and farmer network with Horizon’s scale to accelerate innovation, supply‑chain resilience, and nationwide reach.

Pete & Gerry's Organics Acquires Pasture Brands from Benford Capital Partners

January 9, 2025

Food & Beverage

Pete & Gerry's Organics (the Butterfly Equity-backed egg platform) has acquired Pasture Brands Holdings — the holding company for Farmers Hen House and Pillars Yogurt — from Benford Capital Partners. The transaction (closed January 9, 2025) expands Pete & Gerry's branded specialty egg and dairy portfolio and continues consolidation in natural/conventional grocery and club channels.

Platinum Equity Acquires Lonza's Water Care Business

February 28, 2019

Manufacturing

Platinum Equity completed the acquisition of Lonza's water care business in a transaction valued at approximately $630 million. Headquartered in Alpharetta, Georgia, the business operates six production facilities across North America, South America and EMEA and supplies consumer pool-care brands and industrial/municipal water treatment solutions; Platinum Equity will operate it as a standalone platform and will announce a new corporate identity.

Platinum Equity Acquires Petmate

September 15, 2021

Consumer Products

Platinum Equity has acquired Petmate, a longtime Arlington, Texas-based manufacturer and marketer of pet products, from Olympus Partners. Platinum Equity plans to support Petmate's organic growth and pursue additional M&A to broaden the company's product portfolio and accelerate expansion in e-commerce and retail channels; financial terms were not disclosed.

Danone Acquires Earth Island (Follow Your Heart)

February 18, 2021

Food & Beverage

Danone has entered into a share purchase agreement to acquire 100% of Earth Island, the maker of the Follow Your Heart plant-based brands. The acquisition strengthens Danone's plant-based portfolio and will help accelerate the international expansion of Follow Your Heart's dairy-free cheeses, Vegenaise and other plant-based products.

Platinum Equity Acquires Majority Interest in Kohler Energy from Kohler Co.

November 6, 2023

Energy

Platinum Equity has closed the transaction to acquire a majority interest in Kohler Energy from Kohler Co., establishing Kohler Energy as an independent, standalone business. Kohler Co. remains an investment partner, Brian Melka will serve as CEO and David Kohler will sit on the board; financial terms were not disclosed. Platinum Equity said it will invest in growth and operational initiatives to accelerate Kohler Energy's position in the global energy resilience market.