Vermont Creamery, a local goat cheese company, is being sold to Land O’Lakes, a $13 billion food and agribusiness cooperative based in Minnesota.
Allison Hooper and Bob Reese, the co-founders of Vermont Creamery, say the company will continue to operate its Websterville factory, which manufactures specialty goat cheeses, crème fresh and cultured butter.
Hooper said the sale ensures that the company will have the resources and expertise needed to “realize our vision and the potential of our business” at a time of unprecedented growth.
Vermont Creamery will become an independently operated subsidiary of Land O’Lakes, which is hailed as one of the largest cooperatives in the United States.
Reese said he is confident that the company had found “the best steward of our business, values and people in Land O’Lakes.”
Land O’Lakes will make Vermont Creamery products more widely available for public consumption, Reese said.
The deal was announced Wednesday.
Photo by Tim Calabro, courtesy of Vermont Butter & Cheese Creamery