California Dairies, Inc. to Acquire Dairyamerica
DairyAmerica will continue to market milk powders produced by Agri-Mark, Inc. and O-AT-KA Milk Products
California Dairies, Inc. (CDI), the largest dairy farmer-owned cooperative in California, announced that it has agreed to acquire DairyAmerica, effective Jan. 1, 2023.
DairyAmerica, a globally recognized supplier of quality and sustainable dairy ingredients, is a federated cooperative currently co-owned by CDI, Agri-Mark, Inc., and O-AT-KA Milk Products. As part of the acquisition, CDI will purchase the ownership rights currently held by Agri-Mark, Inc. and O-AT-KA Milk Products, making DairyAmerica a wholly owned subsidiary of CDI.
Under the new structure, DairyAmerica will continue to market milk powders produced by Agri-Mark, Inc. and O-AT-KA Milk Products. These marketing agreements will allow for the continued multi-origin and sustainable supply benefits currently enjoyed by DairyAmerica.
DairyAmerica will remain under the leadership of Patti Smith, chief executive officer, and the DairyAmerica office will remain in Fresno, Calif.
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