Sep 19, 2011 10:24 AM

Global private investment firm OpenGate Capital has completed its acquisition of a Waukesha WI-based dairy processing plant and related assets from Dean Foods Company (NYSE: DF).

OpenGate has acquired the Golden Guernsey brand, an established dairy brand with the region’s consumers, schools, and retailers, as part of the transaction. Since the closing, the business is operating as Golden Guernsey Dairy LLC.

“OpenGate has acquired a solid platform for growth with our new dairy processing plant and its associated brands,” said Andrew Nikou, the company’s founder and managing partner. “We look forward to working with Golden Guernsey plant management to accelerate its expansion opportunities and uphold its high standards for quality and excellence in milk products.”

The deal, which received regulatory approval, is OpenGate’s fifth acquisition in the past 12 months.

OpenGate is focused on acquiring controlling interests in businesses with solid fundamentals that exhibit opportunities for growth and operational improvements. Established in 2005, it has headquarters in Los Angeles CA and a principal office in Paris, France. The partners of OpenGate have executed more than 100 transactions worldwide ranging from corporate divestitures, turnaround acquisitions, industry consolidations, and other special situations investments across an array of industries and geographic markets.

For more information, visit www.opengatecapital.com.