MGD Acquisition to acquire Dean Foods’ Meadow Gold Hawaii business.

MGD Acquisition agreed to acquire Dean Foods’ Hilo facility and related distribution branches on the Big Island, Kauai and Maui, as well as a license to the Meadow Gold Hawaii brand name and related intellectual property from Dean Foods. Financial terms were not disclosed. “We are pleased to have reached an agreement with MGD Acquisition that will allow our Meadow Gold Hawaii business to continue to operate and serve customers across Hawaii. We thank our employees for their continued patience, dedication and commitment to our customers throughout this process, and are focused on completing this transaction as quickly as possible," Eric Beringause, Dean Foods President and Chief Executive Officer.