Dairy Farmers of America’s move to welcome another US cooperative into the fold has got the green light from the smaller co-op.
The members of small US dairy cooperative St. Albans Cooperative Creamery have backed a move by the Vermont-based co-op to join forces with larger peer Dairy Farmers of America.
Go deeper with GlobalData
St. Albans has been a member co-op of Dairy Farmers of America for 16 years but farmers have just approved a move to merge fully with one of the largest dairy suppliers in the US.
“During our 16-year partnership, we have developed a strong, collaborative working partnership with DFA,” Leon Berthiaume, St. Albans Cooperative Creamery CEO, said. “In many ways, this merger is a continuation of the strategic goals, values and mission of St. Albans Cooperative Creamery.”
As part of the merger, St. Albans Cooperative Creamery’s plant and a hauling company owned by the co-op will become wholly-owned subsidiaries of Dairy Farmers of America.
See Also:
DFA said it offers St. Albans Cooperative Creamery members “milk market security, investments in a nationwide network of manufacturing facilities, access to patronage dividends and valuable member programs and services”.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
