Capitol Peak assumed majority ownership of the new company, and KKR became a lender and minority equity investor.
July 24, 2020
Borden Dairy said it and certain affiliates finalized the approximately $340 million sale of substantially all Borden assets to Capitol Peak Partners and KKR.
The company also adds food and beverage industry veterans James Cali and Andrew Towle to its board.
June 29, 2020
Hart Dairy, the largest single-source producer of 100% free-range, grass-fed milk in North America, announced a new investment from Next Gen Nutrition Investment Fund LP (NGN) and the addition of James Cali and Andrew Towle, the firm’s general partners, as chief marketing advisers.
A new, solvent Borden will continue employment for employees and service for customers.
June 26, 2020
Borden Dairy, Dallas, announced the start of a new chapter, with Capitol Peak Partners and its affiliates acquiring substantially all Borden assets following completion of a court-supervised sale process.
The virtual camp gives families a behind-the-scenes look at farm life.
May 29, 2020
Horizon Organic, a brand of Danone North America, said it is launching Horizon Summer Camp, a virtual summer camp that “opens up the barn doors” to bring families a behind-the-scenes look at farm life.
The new campaign will deliver 24,000 half-gallons of milk to health care workers and first responders.
April 24, 2020
Georgia’s dairy farmers, along with Kroger Atlanta Division and Dairy Farmers of America (DFA), have come together to deliver milk from the farm to the front lines.
The bid is contingent upon approval by the bankruptcy court, Department of Justice and more.
March 31, 2020
Kansas City, Kan.-based Dairy Farmers of America (DFA) said Dean Foods Co., Dallas, accepted a revised bid from DFA on March 31 for a “large portion” of Dean Foods’ assets.
CEO and veteran entrepreneur Justin Whaley joins the Hart Dairy board.
March 31, 2020
Hart Dairy, the largest single-source producer of 100% free-range, grass-fed milk in America, announced a new partnership with Island Ventures, a supplier of specialty eggs.
The products typically would have gone to schools, which are closed due to the coronavirus outbreak.
March 23, 2020
Maola Local Dairies, a brand of the Reston, Va.-based Maryland & Virginia Milk Producers Cooperative, said it donated more than 45,000 half-pints of chocolate and 1% white milk last week to three Virginia food banks.