Deans
April 19, 2019

Who Could Buy Dean Foods?

 |  By: Mike Opperman

Dean Foods, once the largest milk processor in the U.S., spent most of 2018 selling or closing plants as a way to consolidate their supply chain and reset their cost structure. There has been speculation that the company was for sale, and it seems a suitor may be ready to make an offer. 

Montreal-based Saputo, one of the world’s largest dairy companies, is interested in buying Dean Foods, according to a report in Deli Market News. Saputo has been acquiring companies across the dairy food chain in recent months, including Dairy Crest in Europe, F&A Dairy Products in the U.S. and Woolwich Dairy in Canada, among others. The company is also considered in the hunt for Breakstone’s, a sour cream and cottage cheese brand offered by Kraft Heinz. 

Currently Saputo is listed as the 8th largest dairy company in the world with $10.8 billion in sales in 2017, according to the RaboResearch Global Dairy Top 20 report.  Dean Foods was listed three spots lower in the report at number 11 with $7.5 billion in sales. 

For more information on Dean Foods and it’s market actions in 2018, see the articles below:

Dean Foods to Continue Closing Plants in 2018

Dean Foods Takes Majority Ownership of Plant-based Dairy-alternative Company

DFA to Shift Milk From Closing Dean Foods Plants, Protect Members
 

This block is broken or missing. You may be missing content or you might need to enable the original module.