The investment will enable construction of a new butter line at Clandeboye, expanding the site’s current butter production capacity by up to 50,000 MT per annum.
CCL’s newly launched solutions have been developed to integrate with current recycling streams.
The company did not identify the investors who participated in the latest round.
The company, known for its diverse portfolio, had initially planned to list the ice cream business on the New York Stock Exchange on November 10 2025.
His leadership is expected to drive deeper consumer engagement and expand the reach of these household names across Canadian markets.