Posted on

Got Milk?

Touch the Soil News #532 Rumors are that America’s largest milk processor, Dean Foods, has become the target of a takeover bid by Chinese Hangzhou Wahaha Group. The Financial Times reports that the Hangzhou Wahaha Group is approaching banks in Hong Kong to finance the acquisition of Dean Foods. Dean Foods is the largest processor and distributor of fluid milk to grocery stores in the United States. Dean Foods has 70 manufacturing facilities throughout the United States and approximately 17,000 employees. Primary milk brands include Meadow Gold, Land O’ Lakes, Pet, Garflick, Oak Farms, Alta Dena, TruMoo and some 30 other brands. While overall consumption of milk products such as…

Read more