Investment firm OpenGate Capital has announced plans to buy Wisconsin-based Golden Guernsey and La Vaca Bonita, along with a dairy processing plant, from Dean Foods Co. OpenGate said it has signed an agreement to buy the dairy processing plant in Waukesha, Wis., which sells dairy products in grocery stores in Wisconsin, Illinois and Michigan. Financial terms were not disclosed. The … Read More
Dean Reports Losses
Dean Foods Co. announced it will be cutting jobs in its processing plants after profit losses. The discounting prompted Dean’s chief executive to describe prices as dropping “beyond sustainable levels.” Dean, the nation’s largest dairy processor, said that its profit fell 43 percent to $43.15 million, or 24 cents a share. That compares with profit of $76.25 million, or 48 … Read More
Suit Filed Agaisnt DFA and Dean Foods
A class action, antitrust lawsuit has been filed on behalf of Northeast dairy farmers against the Dairy Farmers of America (DFA) and Dean Foods Company in U.S. District Court in Burlington, Vt. The suit charges DFA and Dean each with monopolizing a level of distribution of fluid milk in the Northeast and forcing dairy farmers to join DFA or its … Read More
Dean Foods to Close Meadow Gold Dairy
Dean Foods announced that it will be closing its Meadow Gold dairy plant in Lincoln, Neb., causing about 100 people to lose their jobs. The plant produces milk and other dairy goods, bottled water and juices. Another 70 people working in sales and distribution will continue to work in Lincoln. Dean Foods spokeswoman Marguerite Copel said the plant would close … Read More
Foremost Farms Sells Two of It's Brands
Foremost Farms USA, one of the largest dairy cooperatives in the nation, has sold its Golden Guernsey and Morning Glory milk bottling plants in Waukesha and De Pere, Wis. to Dean Foods Co., a Dallas-based food and beverage distributor. The plants, employing 282 people, will continue operating and buying milk from area dairy farmers, according to Foremost Farms. The sale … Read More
WDE Championship Dairy Product
Congratulations to Land O’ Lakes and Dean Foods for their new Grand Champion titles from the World Dairy Expo (WDE) Championship Dairy Product Contest. Land O’Lakes takes home the Cheese and Butter Grand Champion and Dean Foods was selected as the Grade A & Ice Cream Grand Champion This year’s contest, sponsored by the Wisconsin Dairy Products Assn (WDPA), received … Read More