Glanbia acquires US beverage company in $60m deal

Food group Glanbia has today announced that it has acquired Aseptic Solutions Inc, USA, for US$60m (€49.55m).

The acquisition is funded through Glanbia's existing banking facilities.

ASI was founded in 2004 and is a manufacturer and co-packer of nutritional and dietary beverages including vitamin shots, protein shakes and fruit juices.

The business operates from a facility in Corona, California, employing 175 people.