MCT Dairies, Inc.
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MCT Dairies, Inc. - overview
Established
1983
Location
Chatham, NJ, US
Primary Industry
Food
About
MCT Dairies, Inc. is a specialized provider of dairy and cheese products, catering to the food service, retail, and industrial sectors with a diverse product range. MCT Dairies, Inc. was founded in 1983 in Chatham, US, and focuses on the production of high-quality dairy products.
The firm was founded by individuals with relevant industry experience. Ken Meyers is the current CEO of the company. Notably, MCT Dairies has completed one deal, with the most recent transaction occurring on February 11, 2020. MCT Dairies, Inc.
specializes in a wide array of dairy and cheese products designed to meet the diverse needs of the food service, retail, and industrial sectors. The company's core offerings include quality cheese and butter products available in various forms such as chunks, shreds, slices, and blocks, catering to both commercial kitchens and retail consumers. MCT Dairies further distinguishes itself by providing options that encompass kosher, halal, organic, and conventional categories, thereby appealing to a broad client base which includes food service establishments, retailers, and manufacturers across the globe. The company has expanded its product line to include innovative solutions such as vegan and vegetarian cheese alternatives, grass-fed dairy products, and specialty ingredients for custom applications.
MCT Dairies’ products are marketed internationally, serving clientele in regions such as the European Union, Canada, Mexico, Brazil, India, and various countries throughout Asia and the Middle East. MCT Dairies operates with a revenue model that focuses on B2B transactions, supplying its extensive range of dairy and cheese products to businesses within the food service and retail sectors. The company engages in direct sales partnerships with wholesalers and retailers, facilitating the distribution of its products through both private label and its own Redwood Farms brand. Revenue generation is driven primarily by bulk and custom orders for their flagship products, including grass-fed cheese and innovative vegan options, which are tailored to meet the specific demands of clients.
The structured transactions may involve negotiated pricing based on order volume, with flexibility to accommodate various packaging formats and delivery schedules. This robust business model emphasizes MCT Dairies’ commitment to providing a constant source of supply to its discerning customer base. MCT Dairies is actively working on launching new products, including a line of plant-based dairy alternatives slated for release in late 2023. The company is targeting expansion into new geographic regions, particularly focusing on the Asian and Middle Eastern markets by early 2024.
The recent funding received will be utilized to support these initiatives, enhancing product development and increasing market penetration. The most recent deal for the company occurred on February 11, 2020.
Primary Industry
Food
Sub Industries
Dairy Products
Website
www.mctdairies.com
Total Amount Raised
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MCT Dairies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | MCT Dairies, Inc. | - |
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