Prairie Farms Dairy, Swiss Valley Farms form merger agreement
The combined entity will bring together two well-known brands and expand sales opportunities for both farmer-owned dairy cooperatives.
Prairie Farms Dairy, Carlinville, Ill., and Swiss Valley Farms, Davenport, Iowa, entered into a merger agreement. The combined entity will bring together two well-known brands and expand sales opportunities for both farmer-owned dairy cooperatives.
Under the terms of the agreement, Prairie Farms will merge the assets of Swiss Valley Farms into Prairie Farms Dairy, Inc. Assets include five manufacturing plants in Luana, Iowa; Shullsburg and Mindoro, Wis.; and Rochester and Faribault, Minn., which produce cheese and whey powder. Swiss Valley Farms CEO Chris Hoeger will continue to oversee the operation of the plants.