Dean Foods shopping Morningstar business

Dean Foods shopping Morningstar business

Company has not yet identified a buyer for Morningstar but believes the business possesses an attractive portfolio and top-notch management team.

Dean Foods regularly evaluates options for maximizing shareholder value. As part of that process, the company recently decided to explore a transaction that may result in the sale of the Morningstar business. The company has not yet identified a buyer for Morningstar, but believes the business possesses an attractive portfolio in a growing marketplace and a top-notch management team. The company only intends to sell the Morningstar business if it can do so in a transaction that maximizes shareholder value and helps ensure the future success of the business.

Morningstar Foods is a leading warehouse delivery dairy business that produces and sells traditional and specialty items, including cultured dairy products, ice cream mixes, coffee creamers, aerosol whipped toppings, traditional and value-added milks, and blended iced beverages to retailers and foodservice providers nationwide.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish