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FrieslandCampina & Milcobel announce intention to merge
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Monday, 20 January, 2025, 13 : 00 PM [IST]
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Amersfoort, the Netherlands
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FrieslandCampina and Milcobel have announced their intention to merge. This joining of forces creates a leading dairy cooperative and dairy company. The merger provides the foundation for a future-oriented organisation that has dairy front and centre for member dairy farmers, employees, consumers, and customers. The proposed merger is subject to approval by the members’ council, the company’s meeting of shareholders, and antitrust authorities. Member dairy farmers, employees, works councils and trade unions have been informed about the merger proposal.
The merger will create one international, future-oriented organisation that can seize opportunities and address challenges more effectively in the global dairy market. Both merger partners, owned by dairy farmers for many generations, complement each other well in market positions and product portfolios. The merger offers further business development opportunities in market segments such as consumer cheese, mozzarella, white dairy products (such as milk, buttermilk, and yoghurt), and ingredients, as well as benefits in efficiency and expertise, for example in the area of sustainability.
Sybren Attema, chair of the board of Zuivelcoöperatie FrieslandCampina U A, said, “The combination of FrieslandCampina and Milcobel is bigger than the sum of its parts. It creates a future-oriented, combined dairy cooperative that is resilient and capable of capitalising on opportunities in the dynamic global dairy market. This strengthens our appeal to member dairy farmers, business partners and employees. Moreover, this step supports us in realising a leading milk price for our member dairy farmers, now and in the future.”
Betty Eeckhaut, chair of the board of Milcobel, said, “The cooperative philosophy, which is deeply rooted at both Milcobel and FrieslandCampina, is the bedrock for this proposed merger. Our goal remains to create added value for our member dairy farmers. Through our regional complementarity we will become the cooperative dairy partner of choice for current and new members, with a solid milk supply for a successful future. For employees, the new organisation provides great opportunities to grow in an international environment. For customers, this merger means more innovation, an expanded product portfolio and further professionalisation of our services.”
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