Uncle Matt's Organic Returns Home After Dean Foods Bankruptcy
Original founders complete acquisition and secure team of investors, advisory board
Uncle Matt's Organic®, an organic orange and grapefruit juice brand, has been welcomed back home to founder and CEO, Matt McLean, who built and subsequently sold the company to Dean Foods in 2017. This unexpected homecoming also includes a new parent company named Harmoni, Inc., and an advisory team of investors.
Dean Foods purchased Uncle Matt's in June of 2017 and retained the team to continue running the business, including McLean and his wife, Susan McLean, who oversees marketing. In November of 2019, Dean Foods filed for bankruptcy after struggling with shifting consumer preferences, private label competition and a reduction in milk processing. This unique situation presented an opportunity for McLean to bid for the beloved brand he started.