USA: Harmoni to acquire Uncle Matt’s Organic Brand
Dean Foods, the food and beverages company, has announced the sale of Uncle Matt’s Organic Brand to Harmoni. Founded in 1999 by Matt McLean and sold in 2017 to Dean Foods, the juice brand Uncle Matt’s Organic is now being sold to a company created by its founder as well as a team of investors. […]
USA: DFA’s initial plans to acquire Dean Foods called off
Dairy Farmers of America (DFA) has announced that the previously-announced $425 million deal to purchase the Dean Foods business and assets will not go forward.. Dean Foods, the troubled US dairy company, has filed for bankruptcy back in November, after financial difficulties. Subsequently, DFA proposed a deal to acquire 44 facilities and a substantial portion of […]
USA: Dean Foods files for bankruptcy
Dean Foods, the troubled US dairy firm, has announced it has filed for bankruptcy protection amid financial difficulties. The firm, which is the US’s leading milk processor, said it and most of its subsidiaries had initiated voluntary Chapter 11 reorganization proceedings, adding that it intended to use the process to support its ongoing business operations and address […]
USA: Dean Foods to close facility in Illinois
Dean Foods, the leading US dairy processor, is to close a bottling facility in Huntley, IL according to media reports. The move is the latest in a string of closures for the firm as it seeks to consolidate its operations in the face of falling consumer demand for milk products. Earlier this month, Dean Foods […]
USA: Dean Foods acquires majority stake in Good Karma
Dean Foods, the US consumer goods firm, has announced the acquisition of a majority stake in Good Karma, a leading brand of flaxseed-based products. The company took a minority stake in the dairy alternative producer last year. Based in Boulder, CO, USA, Good Karma produces a range of plain, flavoured and nutritionally-enhanced flaxseed milk alternatives, as well […]
USA: Dean Foods to acquire Uncle Matt’s
Dean Foods, one of the American leading food and beverages companies, has acquired Uncle Matt’s Organic, a producer of organic beverages where the financial terms were not disclosed. Founded in 1999, and located in Florida, Uncle Matt’s Organic makes organic fruits and juices, including probiotic-infused juices and fruit-infused waters. After the acquisition, the company will […]
China: Hangzhou Wahaha seeking potential takeover of Dean Foods – reports
Hangzhou Wahaha, China’s largest beverage producer, has shown interest in a potential takeover of Dean Foods, the largest milk processor in the US, according to a Financial Times article quoting “four people familiar with the company’s plan”. The Chinese firm has reportedly approached a number of banks to seek financial backing for a possible move. […]
USA: Dean Foods to acquire Friendly’s Ice Cream
Dean Foods, a US-based producer of dairy and other food products, has announced that it has agreed to acquire the manufacturing and retail ice cream business Friendly’s Ice Cream for $155 million in cash. Founded in 1935, Friendly’s Ice Cream produces packaged ice cream and other frozen dessert products, including single-serve sundae cups, novelty items, cakes and […]