Welcome

Dean Foods Says Dairy Farmers of America to Buy Assets for $433m

March 31, 2020, 4:27 PM

Dean Foods says Dairy Farmers of America named winning bidder to acquire substantial portion of its business operations.

  • DFA to acquire assets, rights, interests, and properties relating to 44 of company’s fluid and frozen facilities for $433m
  • Dean Foods designated Prairie Farms Dairy as winner of assets, rights, interests, and properties relating to 8 additional facilities, 2 distribution branches and certain other assets for $75m cash
  • Mana Saves McArthur and Producers Dairy Foods named winning bidders for sale of facilities located in Miami and Reno, Nevada, respectively
  • Harmoni designated winning bidder for Uncle Matt’s business
  • Pacts reached following auction conducted ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.