Saputo, the Canadian dairy giant, has announced it has reached an agreement to acquire its UK peer Dairy Crest in a deal worth around £975 million ($1.28 billion). Headquartered in the UK, Dairy Crest manufactures and markets cheese, butter, spreads and oils under leading brands such as Cathedral City, Clover, Country Life and Frylight, and also produces value-added dairy ingredients. It employs approximately 1,100 people in seven locations across the UK and generated £456.8 million ($600.5 …
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Dairy Crest
UK milk, butter and cheese producer Dairy Crest has announced an investment of £85 million ($100.3) million to boost cheese production, in order to meet increasing demand from both domestic and overseas markets. The investment at the Davidstow plant in Cornwall is intended to increase growth in the firm’s cheddar cheese brands Cathedral City and Davidstow, as well as enhance whey production capacity. The expansion plans are to be implemented …
Milk, butter and cheese producer Dairy Crest has announced that it is to shut two of its UK facilities in a bid to cut costs. The company said that it had started consultation with employees and their representatives regarding the closure of its glass bottling dairy in Hanworth, West London and a specialist cream potting facility in Chard, Somerset. In a statement, the company cited a change in consumer buying …
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