New York – November 12, 2026 -- Butterfly Equity portfolio company Actus Nutrition has acquired the North American operations of Erie Foods International, a dairy protein ingredient maker founded in 1938. The transaction closed on October 26, 2026, with PKF Investment Banking acting as exclusive financial advisor to Erie Foods.
Actus adds a dairy protein processor to its ingredient platform
Actus, based in Eden Prairie, Minnesota, converts milk and whey into functional ingredients for human and animal nutrition. It also offers private-label manufacturing and custom ingredient development for food, beverage and performance nutrition brands. Financial terms were not included in the announcement.
Erie Foods brings casein products and extrusion capacity
Erie Foods, based in Erie, Illinois, produces caseins, caseinates, milk protein crisps, milk protein concentrates, milk protein isolates and granulated calcium carbonate. It also provides custom processing to the food, nutraceutical and supplement industries. Its processing capabilities include twin-screw extrusion, agglomeration and granulation, drying, precision blending, particle coating, and product formulation and development.
The Reisenbigler family founded the company. David R. Reisenbigler, its CEO, said the sale process helped the family evaluate the right strategic path for both the family and the business.
Advisor points to extrusion expertise and CPG protein customers
Alberto Sinesi, Managing Director and Co-Head at PKF Investment Banking, cited the company's extrusion expertise and long-standing customer relationships in consumer-packaged goods protein products and ready-to-drink beverages. He called them a "strong foundation for its next chapter."
PKF Investment Banking is the investment banking affiliate of PKF O'Connor Davies. It focuses on the lower middle market and says its team has completed more than 450 M&A engagements in North America and abroad.
Reisenbigler said Erie Foods management expects to work with Actus as it continues serving the company's customers and community.