Article: National Dairy Purchases Promised Land Dairy.

National Dairy, a dairy processing company, this week announced the purchase of milk processor, Promised Land Dairy Distribution.

"Promised Land Dairy is a highly regarded brand that enhances our product mix and fits extremely well with our distribution footprint," said Rick Beaman, President of National Dairy. "Promised Land's products are sold primarily through supermarkets and other major stores in many of the states where we already have a strong distribution network."

Victory Partners, a Texas-based financial advisory and private equity firm serving the middle market, represented the owners of Promised Land Dairy in the transaction. Terms were not ...

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