Major milk producer Dean Foods files for bankruptcy

DALLAS — As more Amercian consumers abandon milk in favor of other beverages and dairy alternatives, Dean Foods Co. (NYSE: DF), the nation’s top milk producer, has filed for Chapter 11 Bankruptcy protection.

The firm, which owns and operates more than 50 brands including TruMoo and Dairy Pure, is exploring the possibility of a sale to farmer-owned marketing cooperative Dairy Farmers of America, according to an Associated Press report. 

Dean has several historic connections to the Boulder Valley region. In 2002, the firm acquired Boulder-based White Wave Inc, maker of milk products such as Silk and Horizon Organic. French dairy company Danone SA, which has operations in Broomfield, bought White Wave in 2017. Dean has also made recent made investments in local firms, including a 2017 investment in Boulder-based Good Karma Foods.

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