LOS ANGELES — Global private equity firm OpenGate Capital has
announced plans to acquire a Wisconsin dairy processing plant from Dean Foods Co., according to a press
OpenGate will acquire the Golden Guernsey and La Vaca Bonita
brands as part of the transaction.
The business manufactures, bottles and distributes its dairy
products to schools, grocery stores, convenience stores and major retailers in
Illinois, Michigan and Wisconsin.
seeks opportunities to acquire well-recognized brands with solid operations and
business fundamentals,” said Andrew Nikou, OpenGate Capital founder and
managing partner. “This operation, including the Golden Guernsey brand, meets
our mark on all accounts. Not only is the brand a local icon renowned since
1930 for the highest quality and freshest milk products, but its facility is
very efficient, and its managers are industry experts. By adhering to our
disciplined investment criteria, we are able to identify and leverage
opportunities with high-potential brands such as Golden Guernsey.”