Smith Brothers Farms, Kent, Wash., announced plans to acquire assets of Alpenrose Dairy, Portland, Ore.
Smith Brothers Farms and Alpenrose are two century-old family dairies with historical ties to their communities and brands. The acquisition will broaden Smith Brothers Farms’ dairy production capabilities in the Northwest.
“Today’s news strengthens the ability of two mid-sized dairies to compete and grow in a competitive dairy industry,” says Dustin Highland, chief executive officer of Smith Brothers Farms. “It provides us new opportunities for market expansion, while preserving and strengthening the beloved Alpenrose brand. Our home delivery, foodservice and wholesale business in Seattle has been rapidly growing over the last five years. Alpenrose offers us the opportunity to create further value across the entire Northwest market. Our goal is to maintain business continuity, with little to no impact on customers of both companies.”
“We have found a like-minded buyer in Smith Brothers Farms,” says Rod Birkland, president of Alpenrose Dairy. “During our discussions, we learned how much we both care about our employees, quality, customer service, our communities and the Pacific Northwest dairy farmers and producers.”
Alpenrose’s 50-plus acres of land on Shattuck Road in Portland is not part of the acquisition, and will remain under current ownership. Smith Brothers Farms will lease the part of the property where Alpenrose dairy operations are located.