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Rachel's Dairy of Aberystwyth has been acquired by Lactalis of France for about £30m, with the transfer of 140 staff.
Rachel's Organic is planning a £3m expansion at its dairy products factory in Aberystwyth, with the creation of 50 jobs.
Rachel's Organic is looking to launch its yoghurt and dairy products in France and Ireland, while it continues to expand its Aberystwyth production facility and 88-strong workforce.
Rachel's Organic Dairy, the producer of organic dairy products, has been acquired by Horizon of the US for undisclosed terms.