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America’s Biggest Milk Maker Is Eyeing More Flax

  • Dean Foods may boost its investment in Good Karma, CEO says
  • Plant-based drinks have seen rising sales, while dairy falls
A customer shops for milk at a grocery store in Santa Monica, California.

A customer shops for milk at a grocery store in Santa Monica, California.

Photographer: Patrick T. Fallon/Bloomberg
Updated on

The plant-based milk craze is even sweeping up the biggest U.S. dairy producer.

Dean Foods Co.’s Chief Executive Officer Ralph Scozzafava said the company is debating whether to become a majority shareholder in Good Karma Foods, which makes milk and yogurt from flaxseed. The dairy company first announced a minority stake in Boulder, Colorado-based Good Karma in May 2017, without sharing the dollar value.