Ohio Company Offers $5.5 Million for Golden Guernsey Dairy Plant

Mar 04, 2013

Offer to Buy Bankrupted Golden Guernsey Dairy on the Table

There is an offer of $5.5 million on the table to buy the Golden Guernsey Dairy plant in Waukesha, Wisconsin. The offer was made by a parent company of an Ohio dairy processor.

Court filings show that LEL Operating Co. has not only made an offer to buy the plant, but has also put down a $500,000 deposit. These findings were filed in the U.S. Bankruptcy Court in Delaware.

The plant has been closed for two months, which resulted in a loss of more than 100 jobs. The dairy processor has been in the area for more than 80 years.

The deal is still subject to go through the bidding process – to date, no hearing has been set.

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