Dairy Farmers Of America Reaches Agreement To Purchase 44 Dean Foods Facilities
It’s the largest Dairy Co-op in the country, representing over 14,000 farmers. Now, that co-op also will ownthe largest milk processing company as well.
Dairy Farmers of America has announced they have reached an agreement to purchase 44 facilities from Dean Foods. Dean Foods had filed for Chapter 11 bankruptcy, citing low milk demands as the main reason. Reported price tag on the buyout is said to be $425 million dollars.
Some of the brands under the Dean Foods label include DairyPure, TruMoo and dairy products produced under Land O’Lakes and Organic Valley.