Good Karma Foods, a US producer of plant-based dairy alternatives, has repurchased majority ownership held by Dean Foods, as well as secured new investment from Valor Siren Ventures (VSV).
The dairy industry has been quick to respond to a new report from the Institute for Agriculture and Trade Policy (IATP), Milking the Planet: How Big Dairy is heating up the planet and hollowing rural communities.
After several months of back and forth following the Dean Foods bankruptcy, the Dairy Farmers of America (DFA) co-op is acquiring a majority of its assets for $433m. Prairie Farms Dairy will also get a portion for $75m.
Though it was announced last month that Dean Foods and the Dairy Farmers of America (DFA) entered into an asset purchase agreement, that has been mutually terminated. The co-op is still in the running but is no longer the ‘stalking horse’ bidder.
Dean Foods Company has announced that it and certain of its subsidiaries have entered into an asset purchase agreement with Dairy Farmers of America (DFA), through which DFA will acquire a substantial portion of Dean Foods’ business operations.
At the International Dairy Foods Association’s (IDFA) Dairy Forum this week, president and CEO Michael Dykes spoke of the challenges facing US dairy, including product innovation, milk bankruptcies and setting the industry up for a sustainable future.
On the heels of a disastrous 2019 for the ultra-filtered milk brand, fairlife is kicking off 2020 with a new category launch. Four coffee creamers will add to its beverage portfolio.
Dean Foods Company has received approvals from the U.S. Bankruptcy Court for the Southern District of Texas for the "First Day" motions related to the company's voluntary Chapter 11 petitions filed on November 12, 2019.
US dairy numbers from September reveal production was up across the industry when compared to the same time last year. But dairy still shows signs of strain amid bankruptcies and closures.
One of the most well-known dairy companies in the US is prepared to sell its business after years of disappointing numbers. The Dairy Farmers of America (DFA) may be a potential buyer of the Dean Foods assets.
Nestlé, Lactalis and Danone continue leading the global dairy industry, but could see some shakeups in the future, according to a new analysis from Rabobank.
The meteoric rise in popularity of Greek yogurt over the last decade has shown that consumers respond well to high-protein dairy snacks. Cottage cheese falls into that category and has been making a mainstream comeback with single serves.
