Breaking News on Dairy Processing & Markets

Big Brands > Dean Foods

Dean Foods clears $1bn long-term debt through Morningstar sale

The sale of Morningstar to Canadian dairy giant Saputo has enabled Dean Foods to reduce its long-term debt by almost a third, according to the Dallas-based dairy giant.

US dairy co-operatives slam Congress ‘dairy cliff’ deal

Dairy Farmers of America (DFA) and Land O’Lakes have slammed Congress’ recent decision to extend the government’s current milk-buying programme.

Saputo completes $1.45bn Morningstar acquisition

Saputo has completed its $1.45bn acquisition of Dean Foods’ Morningstar dairy division – a move the Canadian dairy giant hopes will help to expand its US manufacturing and distribution footprint.

US Congress backs deal to avert ‘dairy cliff’

US Congress has cleared a bill that will extend the government’s current milk-buying programme - effectively preventing a steep increase in the price of dairy products.

Saputo agrees to buy Dean Foods’ Morningstar business in $1.45bn deal

Canadian dairy giant Saputo has entered into an agreement with Dean Foods to acquire the US firm’s Morningstar business for $1.45bn (€1.1bn).

Dean Foods eyeing further growth to end 2012 after strong Q3

Dean Foods is eyeing further growth to close 2012, after strong third quarter performances from its Fresh Dairy Direct and WhiteWave-Alpro business segments.

Dean Foods recalls ice cream over peanut butter Salmonella concerns

Dean Foods has initiated a recall for two varieties of ice cream over concerns that a peanut butter ingredient used in the products could be contaminated with Salmonella Bredeney.

Breaking news

Dean Foods seeks buyer for Morningstar

Dallas-based dairy giant Dean Foods is inviting potential buyers to cast a slide rule over its Morningstar warehouse delivery business - the smallest of its three divisions - as it...

Dean Foods dairy plant closure ‘likely’ following further lay-offs

US dairy Dean Foods has announced a fresh round of lay-offs at its Evart, Michigan-based Liberty Dairy plant – the latest signal of its intentions to call time on production...

Dean Foods reports ‘solid growth’ across segments in Q2

US dairy giant Dean Foods has reported a second quarter operating income increase of 37%, citing “solid growth” across all operating segments.

US academic urges Dean Foods to remove omega-3 DHA reference

A US academic has called on Dean Foods to remove a reference to research she conducted on the intake of omega-3 fatty acids from cartons of its DHA-enriched milk range.

Dean Foods forecasts dairy segment growth as raw milk price stabilises

Dean Foods is projecting double digit operating income growth in 2012 for its fresh dairy segment as raw milk commodity pricing becomes more “stable.”

Declining raw milk prices support ‘strong’ Dean Foods Q1 results

US processor Dean Foods has reported 'stronger than forecasted' results for the first quarter of 2012 – citing the declining price of raw milk and solid growth across its segments as defining factors....

US judge dismisses milk price-fixing racket claims against Dean Foods

Dean Foods has announced the dismissal of a Tennessee retailer-led action alleging that – together with other defendants such as Dairy Farmers of America – it conspired to only buy...

OpenGate to acquire Dean Foods' US dairy plant

Private equity firm OpenGate is to buy Dean Foods' Waukesha dairy plant that the US giant was previously ordered to put up for sale as a result of a federal...

News in brief

Dean Foods proposes $140m settlement with dairy farmers

 Dean Foods has agreed to a $140m settlement for a class action lawsuit in which Southeast Dairy Farmers and Dairy Farmers of America had accused it of working to keep...

Dean Foods actively seeking bidders for Wisconsin dairy

Dean Foods announced yesterday it is seeking a buyer for the Wisconsin dairy it put up for sale last month as part of a settlement it made with the US...

News in brief

S&P’s revises Dean Foods outlook on input cost concerns

Standard & Poor’s has revised its rating outlook for Dean Foods warning that rising input costs are likely affect profitability at the company and other dairy processors.

News in brief

Dean Foods sees signs of dairy retail stability

Dean Foods said it is beginning to see signs of stability after a tough 2010 saw the US dairy giant suffer from tough private label competition and retailer promotions.

Schreiber to buy Dean Foods yoghurt business

Schreiber Foods is to acquire Dean Foods’ customer-brand yoghurt business in a bid to increase the company’s production and distribution facilities.

News in brief

Dean Foods’ shares jump as billionaire investor buys stock

Dean Food’s shares jumped up by over 11 per cent on Friday as hedge fund firm Appaloosa Management acquired a 7.35 per cent stake in Dean Foods.

Dean Foods antitrust case to proceed, despite ‘structural issues’

A federal judge in Milwaukee has denied Dean Foods’ motion to dismiss an antitrust lawsuit that was filed against it by the United States Department of Justice in January.

News in brief

Dean Foods misses Q4 expectations

US dairy giant Dean Foods has blamed increased competitive pressure and commodity inflation for disappointing fourth quarter results.

Senator calls for investigation into Dean Foods

US Senator Bernie Sanders has called for a Justice Department investigation into Dean Foods for potential antitrust violations, accusing the dairy company of profiting as dairy farmers suffer.

News in brief

Dean Foods targets Santee Dairies buy - report

US-based processor Dean Foods is expected to purchase the Santee Dairies milk processing operations from retail group Stater Bros., according to press reports.

Key Industry Events