SYRACUSE, N.Y. -- Penn Traffic Co. here said last week it plans to sell its Sani-Dairy division to Dean Foods Co., Franklin Park, Ill., for $37.5 million in cash. said once the transaction has been completed it would begin a 10-year supply agreement with Dean Foods for purchases of products currently supplied by Sani-Dairy and two other dairies. Sani-Dairy is expected to have revenues of approximately $65 million (primarily intercompany sales) for the fiscal year ending Jan. 31, 1998. Penn ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.