Guy Montag / CC
DE PERE, WI (WTAQ-WLUK) — A judge approved the proposed final judgment against Dairy Farmers of America this week.
The final judgement requires that DFA divest two plants, one in De Pere and another in Harvard, Illinois, to a buyer within 30 days.
DFA is also required to divest the intellectual property associated with the De Pere plant, including the exclusive right to using the “Dean’s” name in Wisconsin, Illinois, Indiana, and the Upper Peninsula of Michigan, and licenses for the “TruMoo” and “DairyPure” brand names nationwide.
Attorney General Josh Kaul says the proposed divestiture will save jobs at those facilities.
In early April, a U.S. bankruptcy court in Texas approved the sale of Dean Foods plants to DFA for $433 million. That decision came five months after Dean, at the time the largest dairy processor in the country, filed for Chapter 11 bankruptcy protection.
The U.S. Department of Justice will approve the buyer of the De Pere and Harvard plants.
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