Lactalis buys Rachel's from Dean Foods
Lactalis, one of Europe's largest dairy processors, has snapped up UK organic business Rachel's. The deal will bolster Lactalis's fledgling organic dairy portfolio, which has a significant presence in France. For Dean Foods, the US group can focus on challenges at home.
In the spotlight - the sale of UK organic dairy firm Rachel's
29 July 2010
As a business proud of its Welsh roots, it is unlikely the Stars and Stripes were ever hoisted above the Rachel's dairy farm in Aberystwyth.
UPDATE: US: Dean Foods to focus on "core" business after Rachel's sale
28 July 2010
US dairy giant Dean Foods said today (28 July) that it wants to focus on the parts of its business that give "the greatest return" to investors after agreeing to sell UK organic business Rachel's.
US/FRANCE: Dean Foods sells Rachel's to Lactalis
28 July 2010
US dairy giant Dean Foods has this afternoon (28 July) confirmed the sale of UK organic business Rachel's to France's Lactalis.
COMMENT: Dean Foods - when the milk goes sour
11 May 2010
Shares in Dean Foods, the largest dairy processor in the US, curdled yesterday (10 May) after the company admitted it was facing tough trading conditions - and could not see an end in sight.
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