Dean Foods Co., Dallas, Texas, announced a minority investment and distribution deal with Good Karma Foods, Boulder, Colo. The partnership will allow Good Karma to more quickly expand distribution across the United States, as well as increase investments in brand building and product innovation.

"We love Good Karma as a fit for Dean Foods, as we focus on diversification both within and beyond dairy," says Ralph Scozzafava, chief executive officer of Dean Foods. "This opportunity with Good Karma is a way for us to build a platform for a larger plant-based portfolio. The management team has deep category expertise, the brand is a disruptor in the plant-based, non-dairy space and we believe we can support its growth. One of the pillars of our strategic plan is to build and buy strong brands, and Good Karma embodies the exact type of opportunity we're interested in, as we look to add leading and high potential brands in adjacent growing categories such as plant-based beverages."