Valley Milk

Valley Milk, a California-based dairy ingredient producer, has partnered with the Rizo family to establish Francisco Foods LLC, a joint venture that will acquire the assets of Rizo-Lopez Foods out of bankruptcy. The newly formed entity is set to take control of Rizo-Lopez’s production facility in Modesto (CA), alongside its portfolio of brands, which includes Tío Francisco, Rizo Bros and Don Francisco. Rizo-Lopez Foods, a producer of Mexican-style dairy products, …