Natural Products  May 14, 2018

Good Karma Foods may get increased investment

BOULDER — Dean Foods Co., a Dallas-based dairy company, is considering increasing its shares in Boulder-based Good Karma Foods.

Dean purchased a minority stake in the plant-based milk alternative company in May 2017. Dean Foods has brands like T.G. Lee and Land O Lakes.

Dean Foods CEO Ralph Scozzafava told Bloomberg his company was considering becoming a majority shareholder.

“It’s a really, really cool brand, and it’s growing — it grew pretty dramatically last year,” Scozzafava told Bloomberg. “Over the next few months, we’ll make that…

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