On the Record · Dean Foods
Dean Foods acquisitions, on the record
The businesses Dean Foods bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Uncle Matt's Organic, Inc.Word for word“On June 22, 2017, we completed the acquisition of Uncle Matt's Organic, Inc. ("Uncle Matt's") for an aggregate purchase price of $22.0 million.” 10-K for 2017 | acquisition | June 22, 2017 | $22.0 million |
Friendly'sWord for word“The decrease was primarily attributable to the purchase price, net of cash acquired, of $158.2 million paid for the Friendly's acquisition, which closed in the second quarter of 2016, as compared to the purchase price, net of cash acquired, of $21.6 million paid for the Uncle Matt's acquisition, which closed in the second quarter of 2017.” 10-K for 2017 | acquisition | second quarter of 2016 | $158.2 million |
Morningstar FoodsWord for word“Dean Foods has evolved over the past 20 years through periods of rapid acquisition, consolidation, integration and the separation of our operations including the spin-off of The WhiteWave Foods Company ("WhiteWave") and sale of Morningstar Foods ("Morningstar") in 2013.” 10-K for 2017 | divestiture | 2013 | — |
Good Karma Foods, Inc.Word for word“With our majority interest acquisition of Good Karma Foods, Inc. ("Good Karma"), which was completed on June 29, 2018, we now sell and distribute flax-based beverages and yogurt products under the Good Karma ® brand.” 10-K for 2018 | acquisition | completed on June 29, 2018 | — |
Friendly's Ice Cream Holdings Corp. ("Friendly's Holdings")Word for word“The total purchase price was $ 158.2 million .” 10-K for 2018 | acquisition | — | $ 158.2 million |
44 of the debtors-in-possession's 56 fluid and frozen facilities and related assets (Bid Assets), to Dairy Farmers of America, Inc.Word for word“Asset Sale — On February 16, 2020, we, and certain of our subsidiaries (collectively, the “Sellers”), agreed to enter into an Asset Purchase Agreement (the “APA”) with Dairy Farmers of America, Inc., a cooperative organized and existing under the laws of the State of Kansas (“DFA” or “Buyer”), pursuant to which, subject to certain conditions described below, DFA agreed to purchase certain assets (the “Asset Sale”) from the Sellers.” 10-K for 2019 | agreed divestiture | February 16, 2020 | — |
Uncle Matt'sWord for word“The Uncle Matt's acquisition closed on June 22, 2017 and net sales during the year ended December 31, 2017 reflect 193 days of Uncle Matt's operations.” 10-K for 2019 | acquisition | June 22, 2017 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $158.2 million | $67.3 million |
| 2017-12-31 | $21.6 million | $13.4 million |
| 2018-12-31 | $13.3 million | $23.2 million |
| 2019-12-31 | $0 | — |
Deal filings since 2016
- 2021-04-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-08-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-01-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Dean Foods’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-03-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.