Dairy Farmers of America (DFA), a national milk marketing cooperative, has completed the acquisition of Dairy Maid Dairy, a family-owned processor of milk, juice and fruit drinks, for an undisclosed amount.
Established in 1946, Dairy Maid Dairy has been owned and operated by the Vona family and is currently led by Jimmy and Jody.
The company caters to major grocery chains, schools and governmental entities, such as prisons and military installations. It sources milk from DFA, Maryland-Virginia, Lanco, Land O'Lakes, Cumberland Valley and Dairy Marketing Services.
Jimmy and Jody will continue to manage the day-to-day operations and all of the company's 110 employees are expected to retain their positions.
The acquisition allows the cooperative to strengthen its fluid milk business.
DFA president and chief executive officer Rick Smith said that the acquisition of Dairy Maid Dairy aligns with DFA's strategy to increase its commercial footprint and expand ownership in the fluid and fresh dairy category.
"The Vonas have built a solid business and earned a reputation for quality products and superior service and is business our dairy farmer member owners can be proud of," Smith added.
Jimmy said:"DFA shares many of the same values that my family does. This transaction ensures the business we have built over the past four decades will continue to thrive in the future."
