Dairy Farmers of America has acquired New England-based dairy group Guida’s Milk and Ice Cream for an undisclosed sum.
The deal will see Guida’s become a wholly-owned subsidiary of DFA. The business will continue to be led by Mike Young, the current president, Jim Guida, executive vice president, and Al Guida, chairman of the board.
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“Guida’s Milk’s long-standing relationships with customers and comprehensive portfolio of innovative, quality dairy products make it a natural fit with DFA’s commercial dairy businesses and brands portfolio,” a spokesperson for DFA told just-food.
The spokesperson said that DFA is a dairy marketing cooperative focused on maximising returns for its dairy farmer owners. “The acquisition of Guida’s Milk aligns with this mission,” the spokesperson said.
