Muller confirms acquisition of Dairy Crests operations 06 November 2014

Müller UK & Ireland Group has confirmed that it has agreed to acquire the dairy operations of Dairy Crest Group plc. The acquisition, which is subject to approval by the relevant competition authorities and the shareholders of Dairy Crest, comprises the fresh liquid milk, flavoured milk including the FRijj brand, bulk and potted cream, bulk butter and milk powder businesses of Dairy Crest.

It includes Dairy Crest’s dairy facilities at Severnside, Chadwell Heath, Foston and Hanworth together with around 70 depots.

Müller believes that combining Müller Wiseman Dairies and Dairy Crest’s dairies operations will benefit customers, consumers and employees of both businesses whilst offering supplying farmers greater opportunity and security. 

The businesses have largely complementary footprints and the acquisition will provide an opportunity to achieve material cost savings and efficiency improvements.

Bringing the two dairy operations together will enhance the merged business’s ability to compete and will ensure that customers continue to receive quality products at low prices.