Acquisition in the British dairy business
Theo Müller Group takes over Yew Tree Dairy
Unternehmensgruppe Theo Müller is continuing on its growth path. An agreement to acquire the British dairy company Yew Tree Dairy was recently concluded. The acquisition is subject to approval by the British antitrust authority CMA.
Unternehmensgruppe Theo Müller
Yew Tree Dairy is a UK-based family business specializing in the processing of milk into powdered ingredients.
By acquiring Yew Tree Dairy's state-of-the-art processing plant, Müller Milk & Ingredients, a UK subsidiary of Unternehmensgruppe Theo Müller, is significantly expanding its milk drying capacity.
Michael Singer, COO of Unternehmensgruppe Theo Müller and also responsible for Müller Milk & Ingredients within the Central Management Board: "With this acquisition, we are not only strengthening our position on the British milk market. The acquisition also enables us to benefit from the global growth in milk consumption in combination with the good reputation of the British dairy industry and to tap into additional export opportunities."
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.
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