Dean Foods is an American food and beverage company with two operating divisions: Fresh Dairy Direct and WhiteWave-Morningstar. The company maintains plants and distributors in the United States and the United Kingdom. Dean Foods products are sold throughout the USA. In 1925, Samuel E. Dean purchased the Pecatonica Marketing Company, an evaporated milk processing facility located in northwestern Illinois. In 1927, Dean renamed it Dean Evaporated Milk Company. That same year, he purchased some local Illinois dairy plants. "Through thoughtful acquisitions and careful financial management, Dean... Foods Company has grown from a small regional dairy into a diversified food company." Dean Foods tried to merge with a dairy in Chicago but was blocked by an injunction based on antitrust concerns. Dean Foods fought the decision up to the Supreme Court but ultimately lost in Federal Trade Commission v. Dean Foods Co. On December 21, 2001, Dean Foods was acquired by the Dallas-based Suiza Foods Corporation. Suiza began in 1995, when Gregg L. Engles, owner of commercial ice company Reddy Ice merged Reddy with Suiza Dairy, which Engles had acquired in 1993.
more
| NYSE symbol: | DF |
| Founded: | 1925 |
| Headquarters: | Dallas, Texas |
| Annual revenue: | $12,454,610,000 |
| Net income: | $183,770,000 |
| Operating income: | $608,690,000 |
| Market cap: | $3,400,000,000 |
| Industries: | Ice Cream and Frozen Dessert Manufacturing, Dairy Product (except Dried or Canned) Merchant Wholesalers, Fruit and Vegetable Canning, Fluid Milk, Dairy Product Manufacturing |