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The company would have a total annual turnover of €520m and 700 staff.
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Once Upon a Farm CEO John Foraker said the recent US government shutdown had “got in the way”.
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The expansion will boost annual output by 15%, lifting capacity to nearly 7,000 tonnes of The Laughing Cow.
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Tempo said it is “safeguarding one of Australia’s most beloved and historic food brands”.
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Mark Allen will replace Murrells in an executive chair role "while the board considers CEO succession".
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Emmi said the “bolt-on” acquisition is intended to “strengthen” its desserts portfolio.
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The investment is part of a "global supply chain transformation programme" set out by The Magnum Ice Cream Company.
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At the Next Generation Ingredients 2025 conference, industry executives explored the hot ingredient topics facing the industry.
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