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