# Diversified Ingredients to acquire Foremost Farms' Preston facility

Diversified Ingredients announced it will acquire Foremost Farms USA's Preston, Minn., manufacturing facility. The new entity will be called Preston Protein Products and will be a joint venture between Diversified Ingredients and Johnson Farms.

- Type: Acquisition
- Announced: 2020-10-21
- Where: Preston, Minnesota, United States
- Status: announced
- Products: organic dairy fluid, dairy ingredients
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Diversified Ingredients](https://endata.com/companies/50669.md) (acquirer)
- [Foremost Farms USA](https://endata.com/companies/50670.md) (target)
- [Johnson Farms](https://endata.com/companies/50671.md) (partner)

## Sources

- [foodbusinessnews.net](https://www.foodbusinessnews.net/articles/17111-diversified-ingredients-acquires-dairy-facility-from-foremost-farms), 2020-10-21: "Diversified Ingredients announced it will acquire Foremost Farms USA’s Preston, Minn., manufacturing facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.