KKR and Capitol Peak Partners completed the acquisition of Borden Dairy for $340m.

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.