UK-based Dairy Crest completed the sale of its dairy operations to Müller UK & Ireland Group LLP.
“We are delighted that the sale has successfully completed,” says Mark Allen, chief executive officer for Dairy Crest. “This is a transformational moment for Dairy Crest and the wider dairy industry, and helps bring much needed stability to the UK dairy sector. I would like to thank everyone who has contributed to Dairy Crest’s dairies business over the years. Together, we have built a business of which we can be proud and which has an exciting future under Müller’s ownership. Special thanks go to those people who have worked so hard over the Christmas period to ensure that the sale could proceed on Boxing Day. Dairy Crest can now focus on growth through both our branded cheese and spreads operations and new revenue streams from manufacturing products for the fast-growing global infant formula market.”