Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Donate today to support the journalism you rely on!

Parent Company of Stonyfield Announces New Buyer

Shutter Ferret Flickr CC

Stonyfield, the organic yogurt company established over 30 years ago in New Hampshire, may soon have a new owner.

Danone has announced plans to sell Stonyfield to Lactalis - another giant in the dairy industry. 

Lactalis is known for major cheese brands like President and Sorrento.

Danone's sale of Stonyfield was prompted earlier this year by its purchase of another yogurt company - WhiteWave Foods. That triggered fears of a dairy monopoly.  As part of its agreement with federal anti-trust regulators in March, Danone agreed to sell off Stonyfield.

Lactalis has agreed to pay $875 million for the company.

Tags
Cori finds stories, works with reporters, and helps shape coverage of news, trends and issues in the state. She joined NHPR in 2017 after living on the west coast of Scotland for a few years, where she did freelance reporting and community projects. Before that, she worked for 10 years at WUNC in Chapel Hill, North Carolina, much of that time as a producer and editor of The Story.
Related Content

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.