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Five plaintiffs had brought the case against the United States Department of Agriculture (USDA) and Secretary of Agriculture Brooke Rollins in March.
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The Spanish group said the deal will lift the group’s annual revenue above €2bn ($2.28bn).
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The baker plans to operate through the Fourth of July weekend, then wind down “in an orderly fashion”.
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Omni Pet said the money will also help the fledgling business expand into bricks-and-mortar retail.
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One of the deals will see the French dairy giant buy Australia-based drinks business Made Group.
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The figures for May come as Canada’s anti-trust watchdog is to study competition across the country’s food-and-drinks supply chain.
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Abigail Buckwalter has worked at Nestlé’s health-science business in the US.
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Vandemoortele has so far struggled to win over competition officials in the UK.
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