PORTLAND (AP) — Oakhurst Dairy is making a tentative offer to buy Maine-based organic milk brand MOO Milk, but the farmers behind MOO are cool to the idea.
The Portland Press Herald (http://bit.ly/1mf7FWU ) reported the deal would put MOO Milk back on shelves. The Falmouth-based company discontinued sales to customers in May due to problems with outdated equipment. Twelve organic dairy farms had been producing the milk.
Oakhurst's proposal includes a condition that at least 90 percent of the farms must accept it. That means only one farm could opt out.
Two Loons Farm co-owner Spencer Aitel said the offer is "weak" because it doesn't have enough long-term guarantees to protect the farmers. Another farm owner told the paper Oakhurst's proposed price is lower than farmers had hoped.