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JANUARY 2024

Check out some of the latest web-only content from DairyFoods.com.

IN CASE YOU MISSED IT

The Whole Milk for Healthy Kids Act (H.R.1147) passed the U.S. House of Representatives by a vote of 330-99. This bipartisan tally in the House sets a strong precedent as the momentum moves to the U.S. Senate, where a companion bill (S.1957) is being led by U.S. Sens. Roger Marshall (R-Kan.) and Peter Welch (D-Vt.). The bill would reintroduce whole (3.25% milkfat) and reduced-fat (2% milkfat) milk to school cafeterias, restoring the two most popular milk varieties to schools.

NEWS

Chobani LLC acquired La Colombe for $900 million. Chobani financed the acquisition through the combination of a newly issued $550 million term loan, cash on hand and the exchange of Keurig Dr Pepper’s (KDP) minority equity stake in La Colombe into Chobani equity. La Colombe will remain an independent brand and serve consumers across retail, cafes, foodservice, and direct-to-consumer.

NEWS
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