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.
Dairy Farmers of America (DFA) and Land O’Lakes have slammed Congress’ recent decision to extend the government’s current milk-buying programme.
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 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.
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 is eyeing further growth to close 2012, after strong third quarter performances from its Fresh Dairy Direct and WhiteWave-Alpro business segments.
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.
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...
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...
US dairy giant Dean Foods has reported a second quarter operating income increase of 37%, citing “solid growth” across all operating segments.
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 is projecting double digit operating income growth in 2012 for its fresh dairy segment as raw milk commodity pricing becomes more “stable.”
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....
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...
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...
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 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...
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.
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 Foods is to acquire Dean Foods’ customer-brand yoghurt business in a bid to increase the company’s production and distribution facilities.
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.
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.
US dairy giant Dean Foods has blamed increased competitive pressure and commodity inflation for disappointing fourth quarter results.
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.
US-based processor Dean Foods is expected to purchase the Santee Dairies milk processing operations from retail group Stater Bros., according to press reports.