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Wakefern Food Corporation is an American company that was founded in 1946 and is based in Keasbey, New Jersey. [5] It is the largest retailers' cooperative group of supermarkets and the fourth-largest cooperative of any kind in the United States. Wakefern was the largest private employer in New Jersey in 2018, with 40,200 employees. [6]
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In 2014, DFA acquired Oakhurst, [10] and Dairylea Cooperative Inc. merged with the farmer-owned Cooperative. DFA became the sole owner of America Buys kemps in 2015, [11] which was once a partnership between DFA and Fonterra Co-operative Group Unlimited. DFA also acquired Cumberland Dairy, a processor of ultra-pasteurized dairy products, in 2017.
At its peak, the organization was the leading agricultural cooperative in North America, owned by 1,700 farm cooperatives in the United States, Canada and Mexico, which cooperatives were in turn owned by more than 600,000 farmer families. It had 16,000 employees in all 50 states and 90 countries. In 1977 it ranked #78 on the Fortune 100 company ...
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Agricultural Cooperative Development International. ACDI (Agricultural Cooperative Development International) was formed in 1966 [10] by major U.S. farm cooperatives.Its principal objective was to provide expertise and support to cooperative enterprises in developing countries.
In June 2004, Ocean Spray members voted down a joint venture of the cooperative's beverage business with PepsiCo. [9] Pepsi had offered the co-op $100 million, an assumption of debt and fixed prices for cranberry harvests. In July 2006, the cooperative signed a 25-year single-serve (machine-dispensed) juice distribution deal with Pepsi. [10]