Ocean Spray To Buy Northland’s Plant Assets, Inventory

Looking to expand its fruit receiving and concentrating operations, Ocean Spray Cranberries, Inc., Wisconsin Rapids, WI, has agreed to purchase all of the cranberry processing assets and current inventory of unprocessed cranberries of Wisconsin-based Northland Cranberries Inc. In a $28 million purchase-and-sale agreement signed by the two companies, Ocean Spray will buy Northland’s 172,000-square-foot cranberry receiving and concentrate manufacturing plant, as well as its adjacent office building. It’s important to note that Ocean Spray did not purchase the Northland brand or its retail juice business.