On January 5, 2020, Borden announced it was entering a Chapter 11 voluntary reorganization proceeding. On July 21, 2020 the sale of Borden assets to Capitol Peak Partners and KKR was finalized. Below you will find a collection of press releases and information shared by the company during the restructuring proceedings.
- January 5, 2020 Press Release
- January 13, 2020 Press Release
- January 27, 2020 Press Release
- June 26, 2020 Press Release
- July 21, 2020 Press Release
Borden has also supplied some FAQ’s and responses for their milk suppliers (dairy farmers and cooperatives across the country), consumers (anyone who enjoys Borden dairy products!), and customers (grocery stores etc. that buy Borden dairy products directly). Overall takeaway, new owners, but Elsie the cow and Borden brand aren’t going anywhere.
