Lactalis to acquire US’ skyr yoghurt maker siggi’s

French dairy company Lactalis has agreed to acquire the US-based Icelandic style skyr yoghurt maker siggi’s for an undisclosed price.

The acquisition is subject to expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in the US.

siggi’s founder Siggi Hilmarsson said: “Our core values of clean ingredient label and less sugar will remain 100% unchanged.

Consumers everywhere are actively trying to reduce sugar in their diets so our offering has a global relevance.”

Upon completion of the deal, siggi’s will continue to operate out of its New York City office and will remain a standalone company under its existing senior leadership team.

Lactalis Group president Emmanuel Besnier said: “We are delighted to welcome siggi’s to the Lactalis Group, which further expands our yoghurt platform in the US with this unique and fast-growing yoghurt brand.

“We look forward to supporting siggi’s as it continues to bring its retail partners exceptional dollar growth in the yoghurt category.”

Founded in France, Lactalis currently employs more than 75,000 people in 85 countries across the globe.

It offers its dairy products under various brands that include Président, Galbani, Parmalat, Stonyfield Farm, Bridel, Rachel’s Organic, and Skånemejerier.