ORGANIC dairy products firm Rachel’s Organic is set to be put on the market with a £20m price tag, it was reported yesterday.
The group, which is one of the UK’s oldest producers of organic dairy goods, is being put up for sale by its US-owners Dean Foods, according to press reports.
Dean Foods is understood to have hired bankers from NM Rothschild to look at the strategic options for the business, including selling it.
The company traces its roots back to Brynllys Farm, in west Wales, where the family of its founder Rachel Rowlands had a dairy farm.
Rowlands’s mother was one of the first people to sign up to the Soil Association in 1952, and Brynllys went on to become one of Britain’s first certified organic dairies.
Rowlands and her husband Gareth took over 1966, supplying organic milk to the Milk Marketing Board.
The company expanded quickly between 1985 and 1990, leading to a new dairy being built.
