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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]
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] In 1999, Land O'Lakes took an ownership stake in egg producer MoArk; it took full ownership of the company in 2006. [8] [9]
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% ...
Land O’Lakes, No. 213 on the Fortune 500 with over $19 billion in revenue, has seen double the number of applicants and significantly improved retention since implementing its new system ...
The Purina part of the company is now split. The pet-food company sold to Nestlé is now called Nestlé Purina PetCare. The livestock-feed company is called Purina Mills, LLC, and is a unit of Land O'Lakes. Ralcorp manufactures many store-brand foods that are sold in grocery outlets across the United States under the retailers' private labels.
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 ]