DCI is one of the largest specialty cheese marketers in the US. DCI sells and distributes specialty cheese from the cut and wrap facility located in Green Bay, Wisconsin, and from the Carlstadt, New Jersey distribution centre.
DCI holds an important portfolio of import licences for specialty cheese manufactured abroad, and manufactures and sells products such as spreads, salsa, hummus and dips from the Santa Rosa, California facility. DCI has a total of approximately 475 employees.
The purchase price of US$270.5m on a debt free basis will be paid in cash from liquidity and/or by drawing on available lines of credit. The transaction is subject to usual conditions (including regulatory approval) and is expected to close in the course of March 2011.
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