Adjusted EBITDA was US$305.9 million, with an adjusted EBITDA margin of 9.7%, up from 9.1%.
This latest investment to increase capacity comes as Euromilk continues to strengthen its market share in Slovakia.
The Fairlife plant in Coopersville began production in 2012 and currently employs nearly 450 full-time workers.
The growth reflects robust and sustained demand for this versatile dairy-based spread across both developed and emerging economies.
The letter of intent is non-binding, and the final transaction remains subject to a definitive agreement and regulatory procedures.