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Alto Dairy Cooperative 
Barrie Tenpas, former chairman; Rich Scheuerman, former CEO  

Alto Dairy Cooperative

"When facing the difficult decision to sell the 114-year-old Alto Dairy Cooperative, we knew Reinhart's lawyers had the skills to negotiate and close the best deal for us. They spoke our language and clearly communicated with our Board and members when presenting the issues and solutions. Reinhart's substantial mergers and acquisitions experience, combined with their solid knowledge of cooperatives, led to the development of a sales structure that was approved by 98% of our voting members. The structure also included a creative incentive that will encourage our members to have a future relationship with the new owner. Most importantly, Reinhart helped ensure that the offered price of $160 million remained constant throughout the sales process and closed at $160 million."

Rich Scheuerman
former CEO
Alto Dairy Cooperative
(Sold to Saputo Cheese USA Inc.)