- Oct 8, 2024
- 1 min read
Illinois, US-based dairy company Prairie Farms Dairy has acquired SmithFoods for an undisclosed sum.
SmithFoods was founded in Ohio, US, in 1909, and manufactures various products including milk, sour cream, cottage cheese, ice cream and custard mixes.
Matt McClelland, CEO and EVP of Prairie Farms Dairy, said: “Like Prairie Farms, SmithFoods prides itself on providing high-quality dairy products to its community...We are excited to welcome its employees to the Prairie Farms Family of companies, and we look forward to serving SmithFoods loyal customers with the same exceptional local dairy products and community support they have come to expect.”
McClelland continued: “As a farmer-owned cooperative, we're always open to exploring opportunities that will return value to our dairy farmers. The SmithFoods acquisition was an easy decision because the Orville facilities complement our network of dairy plants and expand our Ohio footprint.”
President and CEO of SmithFoods, Nate Schmid, added: “We are thrilled and grateful to join the Prairie Farms Family of companies. This represents a significant step in preserving and enhancing the legacies built by our customers, associates, producers and their families over four generations. We deeply appreciate everyone who has contributed to the success of SmithFoods. By passing the torch to Prairie Farms, we are confident that its commitment to our shared values, community and industry will ensure the continued success of our business for generations to come.”
The change is effective immediately, with both companies committed to a seamless integration with no disruption in manufacturing and delivery services or other day-to-day operations.
