date:Sep 27, 2012
debt.
Morningstar reported robust volume growth in Q2
Morningstar - a warehouse delivery dairy business that sells dairy products to retailers and foodservice providers - turned over $1.3bn in 2011, roughly 10% of Dean Foods' $13.1bn total sales, and had attracted interested mostly from private equity buyers, unnamed sources told Reuters.
Speaking to analysts and investors on the firms Q2 earnings call last month, CEO Gregg Engles said Morningstar posted 10% volume growth in the three mont