Feb 14

Prairie Farms’ merger with $325 million Iowa co-op approved

Prairie Farms’ pending merger with Iowa-based Swiss Valley Farms has been approved by members of both dairy cooperatives, the company announced recently. No financial details were disclosed, but the deal, first announced in December, is expected to close March 31. Swiss Valley reported $325 million in annual sales, according to its website. Swiss Valley’s cheese portfolio will help Prairie Farms boost profit after seeing a multi-year decline in its milk sales. Prairie Farms’ 2015 revenue,…

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