Borden Dairy Company
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Borden Dairy Company - overview
Established
1857
Location
Dallas, TX, US
Primary Industry
Food
About
Borden Dairy Company is a prominent producer of diverse dairy products, including fluid milk and cream-based items, serving various consumer and food service markets with a focus on quality and innovation. Borden Dairy Company specializes in dairy production with its headquarters located in Dallas, US. Founded in 1857, the company has undergone various strategic pivots. In June 2020, the company was restructured through a deal valued at USD 340 mn involving KKR and Capitol Peak Partners, LLC, with Capitol Peak assuming majority ownership.
Ed Fugger serves as the CEO of the company. Borden Dairy Company offers a wide range of dairy products, including classic white milk, flavored milk varieties, cream, buttermilk, and Heavy Whipping Cream. The products cater to families and culinary professionals, and are available across the United States through retail stores, supermarkets, and online platforms, emphasizing high quality and taste. In 2019, Borden Dairy Company reported a revenue of USD 1.
20 bn primarily generated through sales to retailers and food service operators. The company utilizes wholesale distribution channels and direct-to-consumer sales strategies to reach its diverse customer base. Borden Dairy Company is focused on expanding its product line and market reach following a restructuring deal completed in July 2020, which involved a valuation of USD 340 mn. The company aims to innovate its offerings, although specific new product launches and geographic expansion plans have not been detailed.
The recent funding will support these strategic initiatives as it seeks to adapt to evolving consumer preferences in the dairy market.
Current Investors
KKR, Capitol Peak Partners
Primary Industry
Food
Sub Industries
Non-Alcoholic Beverages, Other Food Products, Dairy Products
Website
www.bordendairy.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Borden Dairy Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restructuring | Completed | Borden Dairy Company | - | ||||||||
| Bankruptcy/Write-off | Completed | Borden Dairy Company | - | ||||||||
| Recapitalisation | Completed | Borden Dairy Company | - |
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