After a thorough investigation into Arab Dairy Product Company, Arla has decided not to place a final offer. Alternative options to enter the Egyptian market are now being explored.
Arla Foods UK, the largest dairy company in the country, is embarking on the next stage of its development to add value and bring innovation to the UK dairy sector as well as meet future competition in what is currently a challenging dairy market and grocery sector, ultimately for the benefit of its farmer owners.
Arla Foods, the farmer-owned dairy company, is calling on shoppers to support dairy farming by buying its well-known and leading dairy products including Anchor, Cravendale and Lurpak in a new national campaign, Support Our Farmers, which includes a series of advertisements in the national press, leaflets and a social media initiative.
Arla Foods creameries have been rewarded for the outstanding cheeses they produce, this time at the Global Cheese Awards. Arla Food’s creameries, including Taw Valley, Lockerbie, Llandrynog, Tuxford & Tebbutt, Trevarrian and produce from Denmark, successfully walked away with an incredible 52 awards between them and the Taw Valley creamery was also crowned 2014 Danisco Grand Prix Champion.
Arla is strengthening its presence in the Brazilian market by announcing a shared ownership with its longtime partner, Brazil’s largest dairy company, Vigor Alimentos S.A.
After an international tour of Denmark, Holland and New York, premium cheese brand Castello® officially opened its first UK pop-up store on the 9th September. The Castello® Pop Up shop has arrived in Commercial Street in London for a seven week tenure to build on the success of the brand in the UK, and boost awareness and appreciation of Castello® cheese among UK consumers.
Arla is making a non-binding bid for all shares in Arab Dairy Products Company, a listed company based near Cairo. If the company is found to be sound and healthy, Arla looks set to become one of the top five or six players in the Egyptian dairy sector.
Arla Foods Ingredients is investing £32.5 million (295m DKK) in a new processing facility in Videbæk, Denmark, to meet booming demand for whey protein hydrolysates. The investment strengthens Arla Foods Ingredients’ position as a global leader in natural whey ingredients.
Arla showed strong performance in the first half of 2014 and delivered record earnings for its farmer owners. However a significant negative development in the world market on price will force down the price paid to farmers for the remaining part of 2014.
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