US diary firm Dean Foods has announced that it has completed its acquisition of US organic food firm Horizon Organic.

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Dean Foods said it acquired the 87% equity interest in Horizon Organic it did not already own for approximately $216m in cash, or $24 per share, and the assumption of approximately $40m in debt.


Horizon Organic markets certified organic foods in the US and certified organic milk in both the US and the UK. Horizon Organic’s product line in the US includes organic milk and other organic dairy products, organic juices, pudding and eggs. In the UK the company markets organic milk, yoghurt and butter under the Rachel’s Organic brand.

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