FDBusiness.com

EU Approves Arla Foods and Milk Link Merger

 Breaking News
  • Confidence Takes a Knock as Brexit Jitters Take Their Toll on UK Food and Drink Industry UK food and drink manufacturers are feeling the pinch of Brexit uncertainty but are striding ahead with investment plans to boost productivity, automation and new product development, according to new research published by accountancy and business advisory firm BDO LLP. BDO’s Food and Drink Report 2018 found that 60% of manufacturers surveyed are generally positive [...]...
  • Tate & Lyle to Accelerate Business Performance Although sales from continuing operations at £2.710 billion were 2% lower than the previous year, reflecting the impact of lower corn costs, Tate & Lyle, a leading global provider of food ingredients and solutions, has reported an 11% increase in adjusted profit before tax to £301 million for the year ended 31 March 2018. On [...]...
  • Irish Whiskey Industry to More Than Double Worldwide Sales by 2030 The Irish Whiskey Association (IWA) has outlined its ambitious plans to more than double worldwide sales of Irish whiskey by 2030. The Irish Whiskey Association is part of ABFI, the Alcohol Beverage Federation of Ireland. The vision for Irish whiskey strategy set a target of doubling the global sales of Irish whiskey from 6 million nine-litre [...]...
  • Freudenberg Seals Help Minimise Flavour Transfer Problems Beverage bottlers know the problem of flavour transfer all too well. If the wrong elastomer is used, a new batch can taste like the previous one, even though the facilities were cleaned between batches. The problem being the flavour is transferred from the beverage to the sealing material and then, far worse, back to the [...]...
  • Year of Considerable Progress For Dairy Crest Dairy Crest, the UK dairy group, increased revenue by 10% to £456.8 million and adjusted profit before tax increased by 2.8% to £62.3 million for the year ended 31 March 2018, compared with the previous year. Dairy Crest’s Cheese & Functional Ingredients business increased revenue by 8.8% to £277.2 million while revenue at the Butters, [...]...

EU Approves Arla Foods and Milk Link Merger

EU Approves Arla Foods and Milk Link Merger
September 28
10:00 2012

The proposed merger between Arla Foods and Milk Link has been granted regulatory approval by the European Commission. The Commission’s approval means that the merger will now complete on 1 October, enabling the formation of the UK’s number one dairy company.

The approval of the merger has been given subject to Arla implementing a remedy to address the Commission’s concerns relating to a perceived reduction of competition in the UK long life milk market. As such, in order to restore effective competition, Arla has committed to divest Milk Link’s milk drinks business at Crediton on a viable and separate, standalone basis. This business includes Crediton dairy, which produces all of Milk Link’s long life milk, long life cream, extended shelf life milk and flavoured dairy drinks and fresh bulk cream.

The milk drinks business will be sold to a purchaser on terms approved by the Commission. From now the existing milk drinks business will be ring fenced from the rest of the merged business and as part of its commitment to the Commission, Arla has undertaken to preserve the economic viability, marketability and competitiveness of the business. 

Arla Foods UK’s long life milk business, based at its Settle creamery, will not be affected by the remedy and will retain an established market position in long life and flavoured milk.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 1, 2018Gluten Free Expo Slovakia
  • June 3, 2018Vinoble
  • June 4, 20188th WSO World Congress on Stevia Tasteful 2018
  • June 17, 2018The Excellence of Italian Food and Wine (Bellavita Expo)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements