California Dairies Inc. grows with acquisition of DairyAmerica
On November 29, 2022, California Dairies Inc. (CDI) announced that the company would be buying dairy supplier DairyAmerica. The company cited its ability to continually produce sustainable milk products, which it mentioned will help it scale up its operations by integrating it within its operations, especially as demand for dairy products such as milk powder remains elevated worldwide.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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