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"The acquisition advances Hormel Foods' strategy of investing in growing protein categories," the US group said.
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The spend splits into a €35m skyr upgrade in Upahl, Germany, and a €28.3m cottage-cheese expansion in Falkenberg, Sweden.
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The Spanish seafood supplier said the deal is part of a “strategic asset review” to achieve “greater efficiency”.
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One of the reasons cited by the privately-owned company is the “economic viability” during the testing business environment.
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Haribo has also backtracked on a plan to eventually close the Jülicher Landstrasse site in Germany.
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Current CEO Jeff Harmening will move to the role of executive chair of the US group’s board of directors.
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There are early signs GLP‑1 use is eating into sales of more indulgent products. How worried should manufacturers be?
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The meal-replacement brand, acquired by Danone in March, has been reprimanded by the UK's Advertising Standards Authority for its ads in the past.
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