Announced
Completed
Financials
Tags
dairy processing
Majority
Private
Friendly
United States
Private Equity
Acquisition
Food Products
Single Bidder
Completed
Domestic
Synopsis
Two private equity firms KKR and Capitol Peak Partners completed the acquisition of Borden Dairy, a dairy processor and distributor, for $340m. "Over the past 163 years, Borden defined its well-recognized and reputable brand by partnering with America's dairy farmers and leading retailers to provide American families with delicious and nutritious products. I am very optimistic about Borden's future and excited about the opportunity to lead this iconic dairy Company into a bright new chapter focused on serving customers and growing the business profitably," Gregg Engles, Borden New CEO.
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