Dean Foods will use $887 million in net sale proceeds to significantly reduce outstanding debt. Canada-based Saputo expects to expand product offerings to U.S. customers.
Two California dairy co-ops will carry on the work of the Alliance, which represented 60% of California’s milk in legislative, environmental and other issues.
Six proposals with individual fluid milk processors will help accelerate product innovation, extend milk’s availability in new channels, and secure additional resources to market fluid milk.