Dairy Farmers of America has sold two processing plants it bought last year from Dean Foods.
Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email

The offloading of plants in De Pere, Wisconsin, and Harvard, Illinois, was required by a federal court as part of an antitrust proceedings brought by the attorneys general of Wisconsin and Massachusetts.

The plants were bought by a partnership of Select Milk Producers, which developed Fairlife ultrafiltered milk, and New Dairy Opco, an entity formed last July when investment groups purchased Borden Dairy out of bankruptcy.

DFA bought 44 plants as part of Dean’s own bankruptcy proceedings last spring. That purchase is believed to have made DFA both the nation’s largest producer and processor of milk.

The deal for the two plants was announced by Capstone Headwaters, an investment bank that facilitated the transaction. The bank did not announce the purchase price.

Last month, 14 of our dairy farms in Maine, as well as dozens of dairy farms across northern New England, got an unexpected and disappointing notice from Danone of North America saying that they were discontinuing their contracts with our organic dairy farmers in Maine, New Hampshire, Vermont and elsewhere.

You may be interested in

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

To comment or reply you must 



Registre una cuenta
Detalhes Da Conta
Fuerza de contraseña