Arla Foods to acquire Friesland Foods Fresh Nijkerk
March 11, 2009
by FoodBusinessNews.net Staff
AMERSFOORT, THE NETHERLANDS — Arla Foods amba is set to acquire Royal FrieslandCampina N.V. The transaction includes the Friesland Foods Fresh Nijkerk fresh dairy business, its assets and the Beaker, Milk&Fruit and Kwarkyoghurt brands. The transaction is expected to be completed in the second quarter of the year.
"This is an important step for Arla Foods, which makes The Netherlands a core market for our company," said Peder Tuborgh, chief executive officer. "We believe we have a lot to offer Dutch consumers, and we are pleased that we’ve been able to enter into this agreement with Royal FrieslandCampina, which allows us to enter a dairy market with such product tradition. It is in perfect alignment with our strategy to become the preferred dairy producer for consumers in Northern Europe."
Friesland Foods Fresh in Nijkerk produces milk, buttermilk, natural and fruit-flavored yogurt, quark yogurt, custard, porridge, and more.
Completion of the sale and purchase is conditional upon approval from the European Commission, the Dutch competition authorities and the works council of Friesland Foods Fresh in Nijkerk. The purchase price will not be released.