Dairy Farmers of America wins bid for bankrupt Dean Foods’ assets, including Greeley plant
DALLAS and GREELEY — The Dairy Farmers of America won the majority of milk-production plants owned by Dean Foods Co. (NYSE: DF) in a bankruptcy auction, including the Meadow Gold plant in Greeley.
The Wisconsin-based cooperative paid $443 million for 44 production plants, including the Greeley plant and a sister Meadow Gold plant in Englewood, according to a list of preliminary results released Tuesday.
A bankruptcy hearing to approve the auction results is scheduled for Friday.
Dean Foods had notified the state in February that it planned to lay off…
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