Vegan Flax Milk Brand Buys Back Ownership From Dean Foods

August 27, 2020 NICOLE AXWORTHY, VegNews

A “significant” but undisclosed investment from early-stage food fund Valor Siren Ventures and existing investor 2x Consumer Products Growth Partners allowed Good Karma to buyout interest from the dairy company, which became a majority stakeholder after multiple investments in the vegan company since 2017.

KKR, Former Dean Foods CEO Win Auction for Borden Dairy Five Months After Bankruptcy Filing

Dallas-based Borden Dairy, which filed for bankruptcy protection in January, has been scooped up by private equity giant KKR & Co. and an investment firm led by the former CEO of Borden’s biggest rival, Dallas-based Dean Foods.

Dean Foods Completes Sale of its Miami, Florida Facility to Mana Saves McArthur, LLC

May 8, 2020 Dean Foods

As a result, Dean Foods has completed all of its previously announced sales. In the coming weeks, Dean Foods intends to file a chapter 11 plan that will govern, among other things, the distribution of sale proceeds and the rights and treatment of all claims against Dean Foods.

Dean Foods Completes Sales of its Uncle Matt’s Business and the Majority of the Meadow Gold Hawaii Business

May 1, 2020 Dean Foods

The Company also completed the sale of its Hilo facility and related distribution branches on the Big Island, Kauai and Maui, as well as a license to the Meadow Gold Hawaii brand name and related intellectual property to MGD Acquisition, LLC.

Dean Foods Announces Asset Purchase Agreement with MGD Acquisition, LLC for the Sale of the Majority of Dean Foods’ Meadow Gold Hawaii Business

April 28, 2020 Dean Foods

Dean Foods Company (“Dean Foods” or the “Company”) today announced that it has entered into an asset purchase agreement with MGD Acquisition, LLC for the sale of Dean Foods’ Hilo facility and related distribution branches on the Big Island, Kauai and Maui, as well as a license to the Meadow Gold Hawaii brand name and related intellectual property.