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Milk Specialties Group

Full company profile

uuid000cak1

Namestring
Milk Specialties Group
Legal namestring
Actus Nutrition
Company typeenum
Private
Founded yearint
1948
Descriptiontext

Milk Specialties Group, operating as Actus Nutrition, is a US-based B2B dairy protein ingredient manufacturer headquartered in Eden Prairie, Minnesota. The company produces whey proteins, milk proteins, casein and caseinates, specialty/custom ingredients, and carbohydrate ingredients for use in sports nutrition, beverages, bars, cheese, confectionery and baked goods, fermented dairy products, frozen desserts, soups/sauces/dressings, and regulated life-stage nutrition segments including infant, clinical, and geriatric nutrition. Core technology centers on dairy protein processing — the company is described as an early pioneer in upcycling waste whey into protein ingredients, with over 75 years of accumulated process expertise. The product portfolio is differentiated by a broad certification set (gluten-free, grass fed, halal, kosher, non-GMO, organic, instantized) and by custom formulation capabilities supported by an in-house R&D team.

The business operates a sales-led, quote-based B2B model with three primary revenue streams: sale of standard dairy protein ingredients to food manufacturers, private label turnkey manufacturing (extrusion and ready-to-mix) for brands in sports nutrition, healthy snacking, and breakfast cereals, and custom/specialty ingredients for niche applications. Distribution is direct to enterprise customers, with active exports to 45+ countries supported by logistics partners. The company has also expanded into animal nutrition with a separate livestock segment (energy ingredients, milk replacers, milk additives, nutritional supplements, amino acid supplements) and a companion animal segment offering species-based nutrition and private label pet products.

The company is privately held with 501-1,000 employees and leadership including President David Lenzmeier and CFO Dan Nisser. A partnership with the Center for Dairy Research (CDR) was recorded on 2023-12-11. The founding year is reported as 1948 in the company history record (note: firmographics record lists 1944), reflecting the company's origin as an early mover in whey upcycling.

Short descriptiontext

Milk Specialties Group, operating as Actus Nutrition, is a US-based B2B dairy protein ingredient manufacturer producing whey, milk, casein, and custom ingredients for food manufacturers, private label brands, and animal nutrition customers across 45+ countries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersEden Prairie, United States
HQ citystring
Eden Prairie
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
dairy protein ingredients, whey protein manufacturing, milk protein ingredients, private label nutrition, food ingredient supplier
Industry4 codes
1Whey, Casein & Milk Protein Ingredient Manufacturing
CodeAFAKAKAFPrimaryYes
2Dairy Protein Ingredients (Whey, Casein/Caseinates, Milk Protein Concentrates/Isolates)
CodeAFAJAHACPrimaryNo
3Infant Formula & Specialized Dairy Nutrition Manufacturing
CodeAFAKAKAJPrimaryNo
4Manufacturing, Private Label & Co-Manufacturing for Animal Diets
CodeHLAMAHAOPrimaryNo
NAICS code3 codes
  • Dairy Product Manufacturing3115
  • Dairy Product (except Frozen) Manufacturing31151
  • Food Manufacturing311
SIC code2 codes
  • Dairy Products2020
  • Food And Kindred Products2000
Product category
Dairy Protein Ingredients
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Dairy Protein Ingredients
TypeHardware Sales
Description

B2B sale of whey proteins, milk proteins, casein and caseinate products to food manufacturers. Ingredients are used in sports nutrition, clinical nutrition, functional foods, beverages, cheese, fermented dairy products, and more.

actus.com
2Private Label Solutions
TypeProfessional Services
Description

Private label manufacturing for sports nutrition, healthy snacking, and breakfast cereal markets. Includes extrusion capabilities and ready-to-mix product manufacturing.

actus.com
3Custom/ Specialty Ingredients
TypeOne Time License
Description

Custom ingredient formulations and specialty ingredients for niche applications from infant nutrition to geriatric nutrition products.

actus.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Milk Specialties Group (doing business as Actus Nutrition) is a B2B manufacturer of dairy protein ingredients, producing whey proteins, milk proteins, casein and caseinate products, specialty/custom ingredients, and carbohydrate ingredients for food and beverage manufacturers. The company also offers private label manufacturing — including extrusion and ready-to-mix capabilities — for sports nutrition, healthy snacking, and breakfast cereal markets, alongside an animal nutrition line covering livestock (energy ingredients, milk replacers, additives, supplements) and companion animals (private label and species-based nutrition). It exports to 45+ countries and supports customers with extensive ingredient certifications including gluten-free, grass fed, halal, kosher, non-GMO, organic, and instantized.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Actus Nutrition is an early pioneer in upcycling whey into protein ingredients, manufacturing high-quality nutritional ingredients for over 75 years. The product portfolio centers on five core ingredient categories: Whey Proteins (including whey protein concentrate and isolate), Milk Proteins, Casein & Caseinates, Specialty & Custom Ingredients, and Carbohydrates. The company operates as both an ingredient supplier and private label partner, offering customizable formulations for sports nutrition, healthy snacking, breakfast cereals, and general food manufacturing. Core ingredients appear in best-selling products across grocery stores, while custom ingredients serve specialized nutrition categories from infant to geriatric nutrition.

Product and service8 records
1Whey Proteins
CategoryFood Ingredients — Dairy Protein
Description

Core protein ingredient offering for food manufacturing, covering various whey protein forms (including concentrate and isolate) used in sports nutrition, beverages, and functional foods.

2Milk Proteins
CategoryFood Ingredients — Dairy Protein
Description

Milk-derived protein ingredients for food manufacturing across applications including infant nutrition, clinical nutrition, and functional food formulations.

3Casein & Caseinates
CategoryFood Ingredients — Dairy Protein
Description

Casein and caseinate protein ingredients used in cheese manufacturing, fermented dairy products, and food applications requiring slow-release protein functionality.

4Specialty & Custom Ingredients
CategoryFood Ingredients — Custom / Specialty
Description

Custom-formulated protein and nutritional ingredients developed in partnership with customers for specialized categories from infant nutrition to geriatric nutrition products.

5Carbohydrates
CategoryFood Ingredients — Functional Carbohydrate
Description

Carbohydrate-based nutritional ingredients for food manufacturing applications, complementing the protein portfolio for complete nutritional formulations.

6Private Label Solutions (Extrusion & Ready-to-Mix)
CategoryPrivate Label / Contract Manufacturing
Description

Turnkey private label manufacturing services for the sports nutrition, healthy snacking, and breakfast cereal markets, including extrusion capabilities and ready-to-mix product manufacturing.

7Animal Nutrition — Livestock
CategoryAnimal Nutrition
Description

Livestock nutrition product line including energy ingredients, milk replacers, milk additives and fortifiers, nutritional supplements, and amino acid supplements for livestock producers.

8Animal Nutrition — Companion Animals
CategoryAnimal Nutrition
Description

Companion animal nutrition offering including private label manufacturing and species-based nutrition for pet food brands and producers.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Specialised dairy ingredients business of Arla Foods producing whey protein hydrolysates, isolates, and milk minerals for infant, clinical, and sports nutrition — closely comparable to Actus' specialty/custom ingredient and infant nutrition capabilities.

TypeDirect peer
Description

B2B dairy ingredient arm of Lactalis producing milk proteins, whey, casein, and dairy derivatives for global food manufacturers — directly comparable across product portfolio and export-driven model.

TypeDirect peer
Description

US-based whey protein and lactose manufacturer serving food, nutrition, and ingredient customers. Comparable to Actus as a domestic whey protein producer with overlapping B2B customer base in food manufacturing.

TypeBroad incumbent
Description

Global taste and nutrition company with a broad ingredients portfolio including dairy proteins, flavours, and functional systems. Comparable as a larger, diversified B2B ingredient supplier serving food manufacturers in overlapping applications.

TypeDirect peer
Description

Global whey and milk-protein ingredient manufacturer serving sports nutrition, functional foods, and infant formula — directly comparable to Actus Nutrition across whey/milk protein concentrate and isolate, casein, and custom ingredient solutions.

TypeBroad incumbent
Description

Global ingredient solutions provider producing proteins, sweeteners, starches, and texturisers for food and beverage manufacturers — comparable as a broad B2B ingredient incumbent with overlapping protein and carbohydrate ingredient lines.

TypeDirect peer
Description

Global dairy cooperative with a large ingredients platform producing whey protein, casein, and milk protein ingredients for food and nutrition manufacturers — comparable in scale, product range, and international export reach.

TypeBroad incumbent
Description

Global agricultural processor with a nutrition segment producing plant and dairy proteins, flavours, and specialty ingredients for food and beverage manufacturers — comparable as a broad-based ingredients incumbent competing in protein end markets.

TypeBroad incumbent
Description

Major global agricultural and food-ingredient company with dairy, sweetener, and protein ingredient offerings serving food manufacturers — comparable as a large incumbent competing across protein, carbohydrate, and functional ingredient categories.

TypeDirect peer
Description

North American dairy cooperative's ingredients division producing whey proteins, milk proteins, and functional dairy ingredients — closely comparable to Actus in dairy ingredient category and B2B customer base.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance7 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Milk Specialties Group

Dairy Protein Ingredientsmilkspecialties.com

Milk Specialties Group, operating as Actus Nutrition, is a US-based B2B dairy protein ingredient manufacturer producing whey, milk, casein, and custom ingredients for food manufacturers, private label brands, and animal nutrition customers across 45+ countries.

What Milk Specialties Group does

Milk Specialties Group, operating as Actus Nutrition, is a US-based B2B dairy protein ingredient manufacturer headquartered in Eden Prairie, Minnesota. The company produces whey proteins, milk proteins, casein and caseinates, specialty/custom ingredients, and carbohydrate ingredients for use in sports nutrition, beverages, bars, cheese, confectionery and baked goods, fermented dairy products, frozen desserts, soups/sauces/dressings, and regulated life-stage nutrition segments including infant, clinical, and geriatric nutrition. Core technology centers on dairy protein processing — the company is described as an early pioneer in upcycling waste whey into protein ingredients, with over 75 years of accumulated process expertise. The product portfolio is differentiated by a broad certification set (gluten-free, grass fed, halal, kosher, non-GMO, organic, instantized) and by custom formulation capabilities supported by an in-house R&D team.

The business operates a sales-led, quote-based B2B model with three primary revenue streams: sale of standard dairy protein ingredients to food manufacturers, private label turnkey manufacturing (extrusion and ready-to-mix) for brands in sports nutrition, healthy snacking, and breakfast cereals, and custom/specialty ingredients for niche applications. Distribution is direct to enterprise customers, with active exports to 45+ countries supported by logistics partners. The company has also expanded into animal nutrition with a separate livestock segment (energy ingredients, milk replacers, milk additives, nutritional supplements, amino acid supplements) and a companion animal segment offering species-based nutrition and private label pet products.

The company is privately held with 501-1,000 employees and leadership including President David Lenzmeier and CFO Dan Nisser. A partnership with the Center for Dairy Research (CDR) was recorded on 2023-12-11. The founding year is reported as 1948 in the company history record (note: firmographics record lists 1944), reflecting the company's origin as an early mover in whey upcycling.

Milk Specialties Group firmographics

Firmographics
Name
Milk Specialties Group
Legal name
Actus Nutrition
Website
https://milkspecialties.com
Company type
Private
Founded year
1948
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Milk Specialties Group, operating as Actus Nutrition, is a US-based B2B dairy protein ingredient manufacturer producing whey, milk, casein, and custom ingredients for food manufacturers, private label brands, and animal nutrition customers across 45+ countries.
Ownership category
akta.pro rank

Milk Specialties Group industry classification

Industry
Product category
Dairy Protein Ingredients
NAICS
Dairy Product Manufacturing (3115), Dairy Product (except Frozen) Manufacturing (31151), Food Manufacturing (311)
SIC
Dairy Products (2020), Food And Kindred Products (2000)
akta.pro primary industry
Whey, Casein & Milk Protein Ingredient Manufacturing (AFAKAKAF)
akta.pro secondary industries
Dairy Protein Ingredients (Whey, Casein/Caseinates, Milk Protein Concentrates/Isolates) (AFAJAHAC), Infant Formula & Specialized Dairy Nutrition Manufacturing (AFAKAKAJ), Manufacturing, Private Label & Co-Manufacturing for Animal Diets (HLAMAHAO)

Keywords

  • Dairy protein ingredients
  • Whey protein manufacturing
  • Milk protein ingredients
  • Private label nutrition
  • Food ingredient supplier

Where Milk Specialties Group is headquartered

Location

Headquarters

HQ city
Eden Prairie
HQ country
United States
HQ region
North America

Markets served

Milk Specialties Group business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Dairy Protein Ingredients: B2B sale of whey proteins, milk proteins, casein and caseinate products to food manufacturers. Ingredients are used in sports nutrition, clinical nutrition, functional foods, beverages, cheese, fermented dairy products, and more.
  2. Private Label Solutions: Private label manufacturing for sports nutrition, healthy snacking, and breakfast cereal markets. Includes extrusion capabilities and ready-to-mix product manufacturing.
  3. Custom/ Specialty Ingredients: Custom ingredient formulations and specialty ingredients for niche applications from infant nutrition to geriatric nutrition products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Milk Specialties Group product offering

Product offering

Core offering

Milk Specialties Group (doing business as Actus Nutrition) is a B2B manufacturer of dairy protein ingredients, producing whey proteins, milk proteins, casein and caseinate products, specialty/custom ingredients, and carbohydrate ingredients for food and beverage manufacturers. The company also offers private label manufacturing — including extrusion and ready-to-mix capabilities — for sports nutrition, healthy snacking, and breakfast cereal markets, alongside an animal nutrition line covering livestock (energy ingredients, milk replacers, additives, supplements) and companion animals (private label and species-based nutrition). It exports to 45+ countries and supports customers with extensive ingredient certifications including gluten-free, grass fed, halal, kosher, non-GMO, organic, and instantized.

Product overview

Actus Nutrition is an early pioneer in upcycling whey into protein ingredients, manufacturing high-quality nutritional ingredients for over 75 years. The product portfolio centers on five core ingredient categories: Whey Proteins (including whey protein concentrate and isolate), Milk Proteins, Casein & Caseinates, Specialty & Custom Ingredients, and Carbohydrates. The company operates as both an ingredient supplier and private label partner, offering customizable formulations for sports nutrition, healthy snacking, breakfast cereals, and general food manufacturing. Core ingredients appear in best-selling products across grocery stores, while custom ingredients serve specialized nutrition categories from infant to geriatric nutrition.

Differentiator

Problem solved

Functional benefit

Products and services

  • Whey Proteins Core protein ingredient offering for food manufacturing, covering various whey protein forms (including concentrate and isolate) used in sports nutrition, beverages, and functional foods.
  • Milk Proteins Milk-derived protein ingredients for food manufacturing across applications including infant nutrition, clinical nutrition, and functional food formulations.
  • Casein & Caseinates Casein and caseinate protein ingredients used in cheese manufacturing, fermented dairy products, and food applications requiring slow-release protein functionality.
  • Specialty & Custom Ingredients Custom-formulated protein and nutritional ingredients developed in partnership with customers for specialized categories from infant nutrition to geriatric nutrition products.
  • Carbohydrates Carbohydrate-based nutritional ingredients for food manufacturing applications, complementing the protein portfolio for complete nutritional formulations.
  • Private Label Solutions (Extrusion & Ready-to-Mix) Turnkey private label manufacturing services for the sports nutrition, healthy snacking, and breakfast cereal markets, including extrusion capabilities and ready-to-mix product manufacturing.
  • Animal Nutrition — Livestock Livestock nutrition product line including energy ingredients, milk replacers, milk additives and fortifiers, nutritional supplements, and amino acid supplements for livestock producers.
  • Animal Nutrition — Companion Animals Companion animal nutrition offering including private label manufacturing and species-based nutrition for pet food brands and producers.

Companies that use Milk Specialties Group

Customer profile

Segments3 records

Ideal customer profiles4 records

Milk Specialties Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Milk Specialties Group partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Milk Specialties Group competitors and assessment

Company assessment

Direct peers

  • Arla Foods Ingredients: Specialised dairy ingredients business of Arla Foods producing whey protein hydrolysates, isolates, and milk minerals for infant, clinical, and sports nutrition — closely comparable to Actus' specialty/custom ingredient and infant nutrition capabilities.
  • Lactalis Ingredients: B2B dairy ingredient arm of Lactalis producing milk proteins, whey, casein, and dairy derivatives for global food manufacturers — directly comparable across product portfolio and export-driven model.
  • Hilmar Ingredients: US-based whey protein and lactose manufacturer serving food, nutrition, and ingredient customers. Comparable to Actus as a domestic whey protein producer with overlapping B2B customer base in food manufacturing.
  • Glanbia Nutritionals: Global whey and milk-protein ingredient manufacturer serving sports nutrition, functional foods, and infant formula — directly comparable to Actus Nutrition across whey/milk protein concentrate and isolate, casein, and custom ingredient solutions.
  • Fonterra Ingredients: Global dairy cooperative with a large ingredients platform producing whey protein, casein, and milk protein ingredients for food and nutrition manufacturers — comparable in scale, product range, and international export reach.
  • Agropur Ingredients: North American dairy cooperative's ingredients division producing whey proteins, milk proteins, and functional dairy ingredients — closely comparable to Actus in dairy ingredient category and B2B customer base.

Broad incumbents

  • Kerry Group: Global taste and nutrition company with a broad ingredients portfolio including dairy proteins, flavours, and functional systems. Comparable as a larger, diversified B2B ingredient supplier serving food manufacturers in overlapping applications.
  • Ingredion: Global ingredient solutions provider producing proteins, sweeteners, starches, and texturisers for food and beverage manufacturers — comparable as a broad B2B ingredient incumbent with overlapping protein and carbohydrate ingredient lines.
  • ADM Nutrition: Global agricultural processor with a nutrition segment producing plant and dairy proteins, flavours, and specialty ingredients for food and beverage manufacturers — comparable as a broad-based ingredients incumbent competing in protein end markets.
  • Cargill: Major global agricultural and food-ingredient company with dairy, sweetener, and protein ingredient offerings serving food manufacturers — comparable as a large incumbent competing across protein, carbohydrate, and functional ingredient categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Milk Specialties Group social profiles

Digital presence

Milk Specialties Group compliance and trust

Trust signal

Compliance7 records

Milk Specialties Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Milk Specialties Group leadership team

Management profile

Number of profiles

Profiles2 records

Milk Specialties Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Milk Specialties Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Milk Specialties Group

What does Milk Specialties Group do?

Milk Specialties Group (doing business as Actus Nutrition) is a B2B manufacturer of dairy protein ingredients, producing whey proteins, milk proteins, casein and caseinate products, specialty/custom ingredients, and carbohydrate ingredients for food and beverage manufacturers. The company also offers private label manufacturing — including extrusion and ready-to-mix capabilities — for sports nutrition, healthy snacking, and breakfast cereal markets, alongside an animal nutrition line covering livestock (energy ingredients, milk replacers, additives, supplements) and companion animals (private label and species-based nutrition). It exports to 45+ countries and supports customers with extensive ingredient certifications including gluten-free, grass fed, halal, kosher, non-GMO, organic, and instantized.

When was Milk Specialties Group founded?

Milk Specialties Group was founded in 1948. It employs 501 to 1,000 people.

Where is Milk Specialties Group based?

Milk Specialties Group is headquartered in Eden Prairie, United States, in the North America region.

How does Milk Specialties Group make money?

Three revenue lines are on record. Dairy Protein Ingredients are the primary driver. The others are private Label Solutions and custom/ Specialty Ingredients.

Who are Milk Specialties Group's main competitors?

Direct peers on record are Arla Foods Ingredients, Lactalis Ingredients, Hilmar Ingredients, Glanbia Nutritionals, Fonterra Ingredients and Agropur Ingredients. Broad incumbents are Kerry Group, Ingredion, ADM Nutrition and Cargill.

Does Milk Specialties Group have an API?

No public API is recorded for Milk Specialties Group.

What industry is Milk Specialties Group in?

Milk Specialties Group's product category is Dairy Protein Ingredients. Its primary akta.pro industry code is AFAKAKAF, Whey, Casein & Milk Protein Ingredient Manufacturing, with a secondary code of AFAJAHAC, Dairy Protein Ingredients (Whey, Casein/Caseinates, Milk Protein Concentrates/Isolates). Its NAICS code is 3115 and its SIC code is 2020.

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Live signals
YahooMilk Specialties Global Joins Vanguard Renewables’ Farm Powered Strategic AllianceMilk Specialties Global joined Vanguard Renewables' Farm Powered Strategic Alliance, which was launched in 2020 with Unilever, Starbucks, and Dairy Farmers of America. The alliance now includes over 20 food and beverage companies, and Milk Specialties aims to strengthen its sustainability commitment through collaboration.FinSMEsButterfly Acquires Milk Specialties GlobalButterfly, a Los Angeles-based private equity firm, acquired Milk Specialties Global, a Minnesota-based human and animal nutrition company. The deal amount was not disclosed. Milk Specialties Global, led by CEO David Lenzmeier, manufactures nutritional ingredients for health and wellness, performance nutrition, and functional food industries.PR NewswireAmerican Securities Announces Agreement to Sell Milk Specialties GlobalAmerican Securities LLC announced it has entered into a definitive agreement to sell Milk Specialties Global to Butterfly, with the transaction expected to close in Q1 2023 pending customary closing conditions. Milk Specialties Global, founded in 1949 and based in Eden Prairie, Minnesota, is an industry-leading vertically integrated ingredient manufacturer and the world's largest producer of whey protein isolate. During American Securities' ownership, the company invested approximately $150 million in supply chain, operations, and manufacturing, resulting in volume growth of over 70% and earnings nearly doubling, while creating more than 400 new U.S. jobs.PR NewswireGlobal Whey Protein Ingredients Market 2017-2021: Market to Grow by Over 10%Research and Markets has published a market report projecting the global whey protein ingredients market to grow at a compound annual growth rate of 10.02% during the period 2017-2021. The report attributes this growth to rising consumer inclination toward health and fitness, increasing demand from industrial users for multi-functional whey proteins, and growing use of whey protein ingredients in infant nutrition products in markets such as China, Vietnam, and Saudi Arabia. Key vendors identified in the report include Agropur, Arla Foods, Fonterra Co-operative Group, Milk Specialties, and Glanbia.PR NewswireGlobal Micellar Casein Market to Grow at a 5.9% CAGR Through 2026Future Market Insights projects the global micellar casein market to reach US$ 1.02 billion by 2026, growing at a 5.9% CAGR driven by demand in dairy beverages, supplements, and infant nutrition. The report identifies key industry players including Milk Specialties Global, Glanbia Nutritionals, and Arla Foods Ingredients as they expand production capabilities for these applications.PR NewswireMilk Specialties Global Announces Acquisition by American SecuritiesMilk Specialties Global's management team, partnered with American Securities LLC, a U.S. private equity firm, has acquired the company from Kainos Capital, which had owned Milk Specialties since 2011. Founded in 1949, Milk Specialties is a leading human and animal nutrition company with operations in whey and milk protein ingredients for sports nutrition and functional foods, as well as science-based products for the dairy industry. The transaction, expected to close later in 2016, will maintain the company's headquarters in Eden Prairie, Minnesota, with existing executives and over 700 employees remaining in place.