Bluegrass Dairy and Food, Inc., headquartered in Glasgow, Kentucky, is a leading processor of custom, value-added dairy ingredients for the food and beverage industry. Bluegrass sources raw milk from dairy farmers and processes it into a wide range of intermediate and shelf stable goods such as dry milk and cheese powders, non-dairy creamers, shortening powders, cheese and specialty butters. Bluegrass serves a variety of customers including food distributors; ingredients, seasonings and flavorings companies; and branded and private label food companies.
Merit invested both subordinated debt and equity in support of the acquisition.
Location: United States, Kentucky, Springfield