Lakeview Farms Merges With Noosa Yogurt To Create Novus Foods

Feb. 24, 2025

The acquisition from Campbell Co. now complete, CapVest Partners LLP created a new entity for its two holdings.

Its acquisition of Noosa yogurt from Campbell Co. now complete, Lakeview Farms, a portfolio company of CapVest Partners LLP, changed its name to Novus Foods.

When Campbell acquired Sovos Brands in 2024, which brought it Rao pasta sauces and Michael Angelo’s frozen dinners, the yogurt business stood out as an odd fit. Campbell shopped it around and announced the sale to CapVest on Nov. 12, 2024.

Noosa makes whole-milk, Australian-style yogurt products. It will operate as a stand-alone division of Novus Foods. Noosa brings along a production facility in Bellvue, Colo., and 240 employees.

Lakeview also will operate separately, with its portfolio of refrigerated desserts, dips, salsa, hummus and specialty products. The rebrand to Novus Foods will be completed in the second half of 2025.

About the Author

Dave Fusaro | Editor in Chief

Dave Fusaro has served as editor in chief of Food Processing magazine since 2003. Dave has 30 years experience in food & beverage industry journalism and has won several national ASBPE writing awards for his Food Processing stories. Dave has been interviewed on CNN, quoted in national newspapers and he authored a 200-page market research report on the milk industry. Formerly an award-winning newspaper reporter who specialized in business writing, he holds a BA in journalism from Marquette University. Prior to joining Food Processing, Dave was Editor-In-Chief of Dairy Foods and was Managing Editor of Prepared Foods.