Ocean Spray Buys Northland

By: September 24, 2004
By: September 24, 2004

Ocean Spray of Lakeville, Massachusetts is purchasing Northland Cranberries of Wisconsin Rapids for 28-million dollars. Ocean Spray will acquire Northland's manufacturing plant in Wisconsin Rapids, but Northland will continue to bottle, market and sell its own juice brand.

Ocean Spray took an option to purchase 14 cranberry marshes in Wisconsin. The marshes are owned by Northland Cranberries, and the option is valued at five-million dollars.

Wisconsin ranks between 2nd and 1st in the nation in cranberry production, changing places with Massachusetts.

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