![]() If the company is allowed to absorb what is left of the crumbling Italian based Parmalat dairy empire on the East Coast, it would also control 85 to 90% of the lucrative New York City milk market. 80% in Massachusetts, Northern Alabama, Tennessee and Michigan and over 66% in Texas. Dean has a dairy monopoly in many parts of the U.S. Department of Justice significantly lowered the bar on “allowable concentration.” Deans’ overwhelming dominance has now become the federal benchmark throughout the U.S. However, by allowing the merger, the U.S. dairy market through exclusive supply contracts and interlocking management.įederal anti-trust action was narrowly avoided (some say cleverly negotiated) when Dean agreed to spin off 11 plants in 8 states to a nominal "competitor", National Dairy Holdings (NDH). Dean continues to strengthen its grip on the U.S. Dean Foods also dumped its own dairy farmer producer pool into a separate joint venture controlled by DFA Dairy Marketing Services (DMS). In exchange, DFA acquired a third stake in Dean’s fluid milk business and was able to place DFA representatives on Dean’s board. The unprecedented merger with Suiza in 2001 was made possible by Dairy Farmers of America (DFA), which had already sold off its Southern Foods Group fluid milk outfit to Suiza in 2000. ![]() organic supplier for $216 million.ĭean Foods has been dubbed the Microsoft of the dairy industry due to its aggressive expansion and competitor buy outs. 2004 Dean buys out Horizon, a major U.S.2003 Dean takes over operations of Morningstar Foods.2002 Dean buys out Boulder, Colorad based White Wave, the maker of Silk soy milk, for $189 million.The "new" Dean Foods moves its headquarters to Dallas, Texas. 1981 Deans is listed for the first time on the New York Stock Exchange.1962 Deans expands beyond dairy through purchase of Green Bay Foods, a major pickle maker. 1961 Deans issues its first common stock to 1800 shareholders.1951 Deans opens its corporate headquarters in Franklin Park, IL 1961.1927 Company changes name to Deans and buys more dairy plants in IL.Dean gets his start with evaporated milk, buying Pecatonica Marketing in IL. Three dozen other milk labels include the brands Meadow Gold, Garelick and Oak Farms. Brand names include Hershey’s chocolate milk, Land O’ Lakes, Dairy Ease lactose free milk and Folgers ready-to-drink lattes. The company currently controls approximately 35% of the U.S. ![]() Dean is second only to Nestle in terms of global dairy sales, at over 7 billion dollars in 2003. The company has 120 production plants in the U.S., United Kingdom, Spain and Portugal and produces approximately 2 billion gallons of milk per year.
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