M&A Deal Summary

Dairy Farmers of America Acquires Oakhurst Dairy

On January 31, 2014, Dairy Farmers of America acquired food company Oakhurst Dairy

Acquisition Highlights
  • This is Dairy Farmers of America’s 3rd transaction in the Food sector.
  • This is Dairy Farmers of America’s 3rd transaction in the United States.
  • This is Dairy Farmers of America’s 1st transaction in Maine.

M&A Deal Summary

Date 2014-01-31
Target Oakhurst Dairy
Sector Food
Buyer(s) Dairy Farmers of America
Deal Type Add-on Acquisition

Target

Oakhurst Dairy

Portland, Maine, United States
Oakhurst Dairy, Inc. is a producer of milk and other dairy and juice products. Oakhurst Dairy, Inc. was founded in 1921 and is based in Portland, Maine.

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Buyer(S) 1

Buyer

Dairy Farmers of America

Kansas City, Missouri, United States

Category Company
Founded 1967
Sector Food
DESCRIPTION

DFA is a leading milk marketing cooperative and dairy food processor.


DEAL STATS #
Overall 3 of 8
Sector: Food M&A 3 of 8
Type: Add-on Acquisition M&A Deals 3 of 6
State: Maine M&A 1 of 1
Country: United States M&A 3 of 8
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-22 Guidas Milk

New Britain, Connecticut, United States

Guida’s Dairy is one of the dairies in New England. Guida’s Dairy is a regional processor of fluid milk, cream, ice cream mixes, fruit drinks, orange juice, water and a variety of other dairy products.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-18 DairiConcepts

Springfield, Missouri, United States

DairiConcepts L.P. is a dairy marketing cooperative that serves and is owned by more than 14,000 members on more than 8,000 farms in 48 states. DFA is a manufacturer of dairy products, food components and ingredients and is a leader in formulating and packaging shelf-stable dairy products. DairiConcepts L.P. was founded in 2000 and is headquartered in Springfield, Missouri.

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