Dean Foods Company - Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
Dean Foods Company |
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Year of Establishment |
1925 |
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Geographical Presence |
Worldwide |
Dean Foods Company is a United States-based food and beverage company that manufactures, markets, and distributes a wide variety of branded and private label dairy and dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix, and other dairy products to many retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.
Dean Foods is one of the nation's largest milk bottlers and purveyors of dairy products. It is the largest processor and direct-to-store distributor of fresh fluid milk and other dairy and dairy case products in the United States. Dean Foods nourishes a strong and vibrant dairy industry.
The company operates its business through a single reporting segment. The company aligned its leadership team, operating strategy, and sales, logistics, and supply chain initiatives into a single operating and reportable segment.
Dean Foods Company offers a huge product portfolio that includes milk, milk-based beverages, ice cream, whipping cream, cottage cheese, yogurt, soy milk. It also makes and distributes pickles, juices, teas, and bottled water.
Dean Foods Company supplies its products under more than 50 local, regional and private label brands including DairyPure, TruMoo; Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly's, Garelick Farms, LAND O LAKES(regional dairy brands); Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET (licensed brand), T.G. Lee®, Tuscan® and more.
The company also sells and distributes organic juice, probiotic-infused juices, and fruit-infused waters under Uncle Matt's Organic brand.
The company made a joint venture with Organic Valley Fresh which distributes organic milk under the Organic Valley® brand to retailers.
In May 2020, Dean Foods Company completed the sale of its Miami, Florida Facility to Mana Saves McArthur, LLC for $ 15.6 million.
In May 2020, Dean Foods completed the sale of its assets, rights, interests, and properties relating to the Company’s fluid and frozen facilities to subsidiaries of Dairy Farmers of America (“DFA”).
In April 2020, Dean Foods Completed the sale of its Uncle Matt’s Business and the majority of the Meadow Gold Hawaii Business to Harmony, Inc. It also completed the sale of its Hilo facility and related distribution branches on the Big Island, Kauai, and Maui, as well as a license to the Meadow Gold Hawaii brand name and related intellectual property to MGD Acquisition, LLC.
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CURRENT DATA |
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Net Sales (2019) |
7.3 billion USD |
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Net Income (2019) |
-499 million USD |
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CEO of the Board |
Eric BeringauseG |
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Employee Count |
14,500 |
In April 2020, Dean Foods made an agreement with Industrial Realty Group, LLC for the Sale of Dean Foods’ Meadow Gold Hawaii Business.
In February 2020, Dean Foods entered Into an Asset Purchase Agreement with Dairy Farmers of America.
In March 2019, DairyPure® Serves Up Innovation in Cottage Cheese Category with Launch of DairyPure Mix-ins®. DairyPure with its DairyPure Mix-ins® line of cottage cheese launched four fruit flavors: Blueberry, Peach & Pecan, Pineapple, and Strawberry & Almond in 2018, and in 2019 expands the line to include Blackberries & Granola, as well as two new savory flavors: Creamy Jalapeño & Tortilla Strips and Sundried Tomato & Croutons.
In June 2018, Dean Foods completed the acquisition of Good Karma Foods, Inc. ("Good Karma") to sell and distribute flax-based beverages and yogurt products under the Good Karma® brand.
Dean Foods owns and operates a number of smaller regional dairy companies, including Friendly's, Berkeley Farms, and Garelick Farms.
The company distributes dairy products across the United States from regional manufacturing facilities. Walmart Inc. is the largest customer of Dean Foods, along with its subsidiaries such as Sam’s Club, which accounted for approximately 15.3% of the net sales for the year ended December 31, 2018.
Dean Foods currently operates 66 manufacturing facilities in 32 states located largely based on customer needs and other market factors, with distribution capabilities across all 50 states.
In late 2019, Dean Foods filed for Chapter 11 bankruptcy to sell itself.
With over 95 years of experience and more than 15,000 employees, along with its 240 family members worldwide, Dean Foods Company produces and supplies a huge number of food ingredients and products to its customers worldwide. The company generated sales of 7,329 million USD in the year 2019, with a decline of 5.8% from the year 2019 (7,755 million USD).
The company was incorporated 95 years ago in 1925 and is headquartered in Texas, United States.
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CONTACT INFORMATION |
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Phone Number |
(214) 303-3400 |
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Site URL |
https://www.deanfoods.com |