Dallas-based Dean Foods may put itself on the auction block as consumer tastes change and it faces stepped-up competition
."I told you so" rings hollow when people stand to lose their jobs. But it’s worth noting that more than a few observers predicted in 2012, when Dallas-basedshed its fast-growing organic and soy milk business, that turning the parent into largely a commodity player would hamper chances for growth.
“We are taking vital, transformative actions to maximize the benefits of our scale and position the company for the long term, including implementing an enterprise-wide cost productivity plan and investing in core capabilities, technology, infrastructure, people and systems,” Ralph Scozzafava, chief executive, said in a statement.
Dean, through a spokesman, opted to “politely decline the opportunity” to talk about its current affairs. Many observers saw the real watershed moment for Dean as the 2012 IPO of its WhiteWave unit, maker of the popular Silk soy milk and Horizon Organic milk lines.
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