Completed merger forms new consumer packaged goods company

Lakeview Farms, a portfolio company of CapVest Partners, has completed its merger with noosa Holdings to form a new company, Novus Foods.

The merger was first announced in November 2024. The rebrand to Novus Foods is expected to be completed in the second half of 2025, according to a news release.

Noosa, known for its whole-milk, Australian-style yogurt products, will operate as a stand-alone division of Novus Foods. Lakeview, with its portfolio of refrigerated desserts, dips, salsa, hummus and specialty products, will also operate separately.

“We are thrilled to join the noosa yogurt business with Lakeview Farms as we create Novus Foods,” Lakeview Farms CEO Tom Davis said in the release. “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.”

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

Approximately 240 current noosa team members have joined Novus Foods, according to the release. The company operates a production facility in Bellvue, Colorado.

“We are excited to join Lakeview Farms, a company that shares our deep commitment to quality and a passion for the refrigerated snacking space,” said Paula Benedetto, noosa senior vice president/general manager. “Together as Novus Foods, we have a stronger platform to continue growing and delivering exceptional products to our customers and consumers.”