Articles tagged under: Dean Foods

DOJ Approves DFA-Dean Foods Deal

Published May 4, 2020

Dairy Farmers of America has closed on its $433 million purchase of Dean Foods. The Justice Department gave its blessing if DFA agreed to divest three Dean Foods facilities. Those plants are located in De Pere, Wisconsin, Harvard, Illinois and…

Latest NewsAg Business

DOJ Establishes Criteria for DFA-Dean Foods Deal

Published May 3, 2020

The Department of Justice will only allow Dairy Farmers of America to acquire Dean Foods milk processing plants if it divests of three of its plants. Those three plants are in De Pere, Wisconsin, Harvard, Illinois and Franklin, Massachusetts. Assistant…

Latest NewsAg BusinessLivestock

An Alternative to DFA-Dean Foods Deal Proposed

Published April 24, 2020

Another option is on the table if the Dairy Farmers of America merger with Dean Foods is rejected due to antitrust concerns. Bondholders with Borden Dairy and Dean Foods filed a bid with the bankruptcy courts, positioning it as an…

Latest NewsAg BusinessLivestock

DFA Purchase of Dean Foods Advances Thrugh Bankruptcy Courts

Published April 6, 2020

The U.S. Bankruptcy Court has approved the purchase of 44 Dean Foods manufacturing facilities to Dairy Farmers of America. The deal still needs approval from the Justice Department, which should happen in time for the closing at the end of…

Latest NewsAg Business

DFA Bids for Majority of Dean Foods Assets

Published April 1, 2020

Dairy Farmers of America will acquire a substantial portion of assets from Dean Foods through the Chapter 11 bankruptcy process. The winning bid was $433 million for 44 different facilities. The agreement still needs approval by the courts, which should…

Latest NewsAg Business

DFA Drops Lead Bidder Status for Dean Foods Assets

Published March 23, 2020

After concerns were raised about competition and possible antitrust violations, Dairy Farmers of America and Dean Foods have agreed to drop a proposed bankruptcy purchase agreement. Last month, DFA agreed to pay $425 million to acquire 44 processing facilities from…

Latest NewsAg Business

DFA and Dean Foods Reach Agreement

Published February 24, 2020

Dairy Farmers of America and Dean Foods have reached an agreement worth $425 million. In the agreement, DFA will acquire 44 plants along with equipment, inventory real estate and other assets owned by Dean Foods. DFA’s bid will serve as…

Latest NewsAg Business

DOJ Investigates Potential Dairy Deal

Published January 28, 2020

The Department of Justice is investigating a possible deal between Dean Foods and Dairy Farmers of America. Dean Foods is seeking bankruptcy protection and there’s speculation DFA is interested in a portion of their business. Antitrust officials are considering the…

Latest NewsAg BusinessLivestock

Another Bankruptcy Filing in Dairy Industry

Published January 7, 2020

Borden Dairy Company has filed for Chapter 11 bankruptcy. The dairy processor plans to continue with its normal operations during the reorganization process. Borden CEO Tony Sarsam said the company is being impacted by the rising cost of raw milk…

Latest NewsAg BusinessLivestock

DMI Responds to Dean Foods Bankruptcy Protection

Published November 13, 2019

Dean Foods filed for Chapter 11 Bankruptcy protection this week. In response, Dairy Management Incorporated or DMI says the U.S. dairy industry has and will continue to successfully navigate the current economic environment. DMI also says dairy is well positioned…

Latest NewsAg BusinessLivestock