Kroger Subsidiary Harris Teeter To Sell Hunter Farms Dairy Business For Undisclosed Sum

Kroger Co's KR wholly-owned regional grocery chain subsidiary Harris Teeter sells its Hunter Farms dairy processing plant to Maryland & Virginia Milk Producers Cooperative Association Inc for an undisclosed sum.
Harris Teeter expects the sale to close on August 30, 2021.
Hunter Farms' ice cream and beverage brands will continue to be featured on Harris Teeter's shelves.
With nearly 160 full-time associates in its High Point, N.C. facility, Hunter Farms produces, in addition to milk, a variety of frozen dairy treats, juices, culture products, and ice creams.
Price Action: KR shares are trading higher by 4.33% at $45.32 on the last check Tuesday.