DFA takes full ownership of DairiConcepts; private equity firm buys Berner Food & Beverage
Berner Food & Beverage, an Illinois-based co-manufacturer, was founded in 1943 by Arnold Kneubuehl. His sons manage the company today.
Dairy Farmers of America announced in November that it is acquiring 100% of DairiConcepts (https://www.dairiconcepts.com), a 15-year-old joint venture with the New Zealand-based dairy cooperative Fonterra.
Also in November, an Austin, Texas-based private equity firm acquired Berner Food & Beverage LLC, a co-manufacturer of shelf-stable, dairy-based food products and beverages.