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Announced

Completed

Dairy Farmers of America completed the acquisition of Dean Foods for $433m.

Financials

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Transaction Value£332m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

dairy products

Single Bidder

United States

milk products

Food Products

Majority

Acquisition

Friendly

milk beverages

ice cream

Private

Completed

Synopsis

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Dairy Farmers of America, a national, farmer-owned dairy cooperative, completed the acquisition of Dean Foods Company, a producer of dairy food products for $433m. DFA acquired 44 of the company’s fluid and frozen facilities and the real estate, inventory, equipment, and all other assets necessary to operate such facilities. “We have had a relationship with DFA over the past 20 years, and we are confident in their ability to succeed in the current market and serve our customers with the same commitment to quality and service they have come to expect,” Eric Beringause, Dean Foods President and CEO.

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