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Aroma markets confectionery under brands including Röda Hjärtan, Geléhallon, Hallonbåtar and Gräddkola.
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“We are disappointed in our second-quarter results,” outgoing BellRing president and CEO Darcy Davenport said.
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UK-based Around Noon plans to use the funds to finance its “next phase of growth”.
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The company sells mainly through supermarkets and hypermarkets under its own brand but also develops products for partner companies.
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Dr Peter Müller will succeed Monika Friedli-Walser, who has been leading the company in a dual role for around a year.
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The US Acting Attorney General said the structure of the market “indicate anti-competitive activity”.
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A2 Milk said the affected formula is the A2 Platinum USA type that was sold in the US only.
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The Dutch dairy group said work on the projects will begin this year, with full operational capacity expected in 2028.
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