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Friday, June 14, 2024

Muller reaches settlement to amass family-run Yew Tree Dairy

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Muller has introduced it has reached an settlement to amass Yew Tree Dairy, a family-owned dairy firm based mostly in West Lancashire.

With the acquisition, Muller says it can use Yew Tree Dairy’s manufacturing capabilities for milk powder to develop its export enterprise.

The dairy processor additionally says the transfer will “drive provide chain resilience and safe a optimistic future for the British dairy business”.

Yew Tree Dairy, which is predicated in in Skelmersdale, West Lancashire, is a family-owned dairy firm producing recent milk and cream.

Following vital funding lately, the enterprise now additionally specialises in milk powder manufacturing.

Completion of the deal is anticipated later this yr topic to approval from the Competitors and Markets Authority (CMA).

As soon as the deal is accomplished, Muller says it plans to considerably spend money on the capability and capabilities of the Skelmersdale milk drying web site, providing supplying farmers “enhanced alternatives and long-term safety”.

Rob Hutchison, CEO at Muller Milk & Elements mentioned this funding in British dairy “underlines our ambition to develop Muller and construct a greater future for the sector.”

He added: “Yew Tree Dairy has glorious processing capabilities, a gifted crew with nice experience, and robust relationships with its clients and supplying farms.

“When mixed with our well-invested and resilient community, I’m very assured that these two family-owned companies will complement one another very well.

“This acquisition will allow us to faucet into world dairy consumption development, unlock extra export alternatives and proceed to drive provide chain resilience.”

Carl Woodcock, from Yew Tree Dairy, mentioned the household felt the time was proper to discover new alternatives while retaining their farming roots.

“We as a household are happy with the dairy enterprise we have now constructed and are trying ahead to seeing the development and improvement by Muller of the Skelmersdale operation.

“We wish to thank all who’ve been concerned within the Yew Tree Dairy enterprise over time. Our success is in no small half attributable to our devoted employees, farmers and clients which were a part of our journey.”

He added: “After assembly with the Muller household, we really feel assured that that is the correct choice for the enterprise to be half of a bigger organisation for the subsequent section of development.

“The important thing for us was to discover a purchaser that not solely shared our values however had an thrilling imaginative and prescient for the way forward for the nice British dairy business.”



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