Articles Tagged with ''mergers and acquisitions in the dairy industry''

Borden Dairy approved for sale to Capitol Peak Partners, KKR

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.

Dairy.com acquires My Dairy Dashboard from joint venture partner

The company reached an agreement with Virtus Nutrition for majority ownership of the platform.

June 4, 2020

Frisco, Texas-based Dairy.com said it acquired majority ownership of My Dairy Dashboard after reaching an agreement with the platform’s cofounder Virtus Nutrition LLC, Corcoran, Calif.

Turkey Hill acquires ice cream production facility from Yarnell Ice Cream

The 100,000-square-foot plant in Searcy, Ark., will further expand Turkey Hill’s production capacity, capabilities and geographic reach.

June 3, 2020

Turkey Hill LLC, a Lancaster, Pa.-based manufacturer and distributor of branded ice cream and refrigerated drinks, said it acquired an ice cream and novelty production facility in Searcy, Ark., from Yarnell Ice Cream LLC, a subsidiary of Schulze & Burch Biscuit Co.

Kerry acquires IsoAge Technologies and Biosecur Lab Inc.

The acquisitions expand Kerry’s clean-label food protection capabilities.

May 13, 2020

Kerry, Naas, Ireland, said it expanded its clean-label food protection capabilities through the acquisition of two innovative companies, IsoAge Technologies and Biosecur Lab Inc.

DFA finalizes transaction to acquire substantial portion of Dean Foods’ assets

The cooperative will pay $433 million to acquire 44 of Dean Foods’ facilities, certain corporate functions.

May 4, 2020

Dairy Farmers of America (DFA), Kansas City, Kan., announced the closing of its transaction to acquire a substantial portion of the assets of Dallas-based Dean Foods Co.

DFA named accepted bidder for ‘large portion’ of Dean Foods’ assets

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.

Registrar Corp acquires online food safety training company Vinca

Registrar Corp will now offer Vinca’s online training courses.

March 25, 2020

Registrar Corp, a Hampton, Va.-based provider of FDA compliance services, said it acquired Vinca LLC. Vinca has provided online training for food safety management systems since 2001.

Brothers International Desserts family acquires Schoep’s Ice Cream

Madison, Wis.-based Schoep’s entered into receivership in late 2019.

February 28, 2020

The Winkler family of Brothers International Desserts Inc., Irvine, Calif., said it is taking over operations at Schoep’s Ice Cream in Madison, Wis.

Dairy Farmers of America reaches agreement to acquire ‘substantial portion’ of Dean Foods

DFA agreed to pay a base purchase price of $425 million — as well as to assume various liabilities, subject to certain adjustments — to acquire 44 of Dean’s facilities and associated direct-store-delivery system, and certain corporate and other assets and functions.

February 17, 2020

Dairy Farmers of America Inc. (DFA) said an agreement has been reached with Dallas-based Dean Foods whereby the Kansas City, Kan.-based farmer-owned cooperative becomes the stalking horse bidder to acquire a “substantial portion” of Dean Foods’ assets and business.

Century Park Capital Partners completes sale of The Mochi Ice Cream Co.

The company was sold to Lakeview Capital.

January 31, 2020

Los Angeles-headquartered Century Park Capital Partners said it completed the sale of The Mochi Ice Cream Co. to Lakeview Capital Inc., Birmingham, Mich.

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