Dean takes majority stake in Boulder-based Karma Foods

BOULDER — Dallas-based Dean Foods Co. (NYSE: DF) said on Tuesday that it has increased its ownership percentage and taken a majority stake in Boulder-based Good Karma Foods Inc.

Good Karma Foods, which produces flaxseed-based milk and yogurt products, will continue to operate as a Boulder-based independent company led by its existing leadership team.

“We are thrilled about our continued partnership with the Dean Foods team,” Doug Radi, Good Karma Foods’ chief executive, said in a prepared statement. “We believe this relationship validates that Good Karma is one of the leading and fastest-growing brands to…