The multinational food company agreed to acquire a majority stake in Los Altos Foods.

Current Ampco management will remain in place.

The startup closed a seed round, led by Next Gen Foods, early last year.

As the company launched, it acquired Florida-based Luke’s Ice Cream.

The brands will operate as a new company – Desi Fresh Foods – under ICV Partners.

The Canada-based company made the purchase to complement its ice cream novelty packaging products.

DOSELEC manufactures high performance equipment for dairy, cheese, ice cream and other markets.

The portfolio serves dairy, ice cream, bakery, cereal and confectionery markets in Europe and the US.

Butterfly has reached an agreement under which it will acquire the vertically integrated dairy producer.

Specialty Cheese Company, Inc., sold the snack brand.