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.
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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.
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”.
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By GlobalData
