SO the recent acquisitions of 41 (44) Dean Foods facilities BY DFA brought back some familiar names to runt he new DFA Dairy Brands. Many former Dean Foods execs as well as the currnet leadership and some being brought back as DFA restructures Deans assets along with DFA dairy plant assets.
Now Bordens trying to emerge from a hastily concocted bankruptcy plan. Bordens was thwarted by the DFA- Dean deal as it took DFA out of the running for any Borden's assets. Some not worth it others DOJ wouldn't allow.
SO Bordens looks an old familiar " friend" KKR to bankroll it. Sounds like many diary Industry , Dean Food Veterans being pulled into the new management Structure. Gregg Engles, Pet Schenkel and other former DEan execvs. This was the group that was the engine behind Suiza before acquiring legacy Dean Foods and their name.
Not sure after they get it back on its feet , who buys it? Would have to add a lot to basically a white milk company with a brand name that is "generationally " challenged at best .
How does that sound to the Bordens workforce. Sounds pretty top heavy to me.!