Divestiture Pursuant to Department of Justice Settlement Includes Golden Guernsey(R) and La Vaca Bonita(R) Brands
DALLAS, April 18, 2011 /PRNewswire via COMTEX/ — Dean Foods Company (NYSE: DF) announced today that it is actively seeking a buyer for its milk processing, selling, marketing and distribution business located in Waukesha, Wis. The Company agreed to sell the plant and related business as part of the March 29, 2011, settlement agreement reached with the U.S. Department of Justice (DOJ) and the States of Wisconsin, Illinois and Michigan. The divestiture includes the 170,000-square-foot fluid dairy processing facility and equipment, the Golden Guernsey(R) and La Vaca Bonita(R) brands, and other related assets.
Interested bidders are encouraged to contact Steve Schultz, Vice President of Corporate Development at Dean Foods, at 214-721-1414 for more information.
ABOUT DEAN FOODS
Dean Foods is one of the leading food and beverage companies in the United States and a European leader in branded soy foods and beverages. The Company’s Fresh Dairy Direct-Morningstar segment is the largest U.S. processor and distributor of milk, creamer, and cultured dairy products. These offerings are marketed under more than 50 local and regional dairy brands, as well as through private labels. The WhiteWave-Alpro segment produces and sells an array of branded dairy, soy and plant-based beverages and foods. WhiteWave brands, including Silk(R) soy and almond milk, Horizon Organic(R) milk and dairy products, International Delight(R) coffee creamers, and LAND O LAKES(R) creamers, are category leaders and consumer favorites. Alpro is the pan-European leader in branded soy food products.
Interested bidders: Steve Schultz, Corporate Development, +1-214-721-1414
Media: Liliana Esposito, Corporate Communications, +1-214-721-7730
SOURCE: Dean Foods Company