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In 1993, the Sterling Group of Houston led a leveraged buyout of Purina Mills. In 1998, it was purchased by Koch Industries, but a U.S. bankruptcy court cancelled out all equity held by Koch to maintain the company's viability. Purina Mills was purchased by Land O'Lakes in 2001. [2]
The Land O'Lakes co-op has grown through numerous acquisitions, and now has a large business in farm supply in addition to dairy: In 1978, Land O'Lakes got into the meatpacking business with the purchase of Spencer Beef. [6] It sold Spencer Beef in 1983 to Excel, now Cargill Meat Solutions. [7]
Ralston Purina Company was a St. Louis, Missouri,–based American conglomerate with substantial holdings in animal feed, food, pet food, consumer products, and entertainment. On December 12, 2001, it merged with Swiss food-giant Nestlé's Friskies division to form Nestlé Purina PetCare Company .
The EPA and the Hershey Company gave $2 million to Land O’Lakes member farms in Pennsylvania. “I like to mention that 18% to 19% of the population lives in rural America, and they comprise 47% ...
For the company to continue churning, 4,000 production employees must be in Land O’Lakes plants and warehouses each day. Desk-job workers have significantly more leeway, but Dewberry remains ...
Beth Ford, the kid from Iowa who grew up to lead Land O'Lakes as the first openly gay CEO in America, has been named to TIME100′s coveted list of 100 most influential people in the world. Ford ...
Dean Foods was an American food and beverage company and the largest dairy company in the United States. [3] The company's products included milk, ice cream, dairy products, cheese, juice, and teas. [ 4 ] [ 5 ] It processed milk in the United States under a number of regional and national brands. [ 6 ]
On May 1, 2012, Cal-Maine announced a joint venture between the cooperative Eggland's Best and Land O'Lakes. Cal-Maine was the largest franchisee of Eggland's Best and one of the company's 13 shareholders. As of 2011, 16 percent of Cal-Maine egg sales were Eggland's Best. [2]