Strong year reported for UK cheese exports

Strong year reported for UK cheese exports

Exports of cheese from the UK surpassed the £615million mark last year, rising 23% from 2016, with cheddar remaining its biggest export – the latest figures from HMRC have revealed. The data also shows that volumes of exported cheese have risen by around 5% from the...
Arla adapts to protein prices decline

Arla adapts to protein prices decline

Arla Foods amba has decreased its conventional milk price by 2.16 pence for the manufacturing litre, citing the long-term decline in the value of protein since the start of 2017. A few days after the dairy company reported growing retail and foodservice revenue, its...
Arla Foods takes over Yeo Valley subsidiary

Arla Foods takes over Yeo Valley subsidiary

Arla Foods Limited has agreed to acquire Yeo Valley Dairies Limited, a subsidiary of the Yeo Valley Group Limited, allowing it to use the Yeo Valley brand in butter, spreads, cheese and milk. According to the deal, the Yeo Valley yogurt, ice cream, cream and desserts...
Unilever to sell its spreads business to KKR

Unilever to sell its spreads business to KKR

Unilever is to sell its Spreads business, including Becel, Flora and I Can’t Believe It’s Not Butter, to global investment firm KKR for €6.825 billion on a cash-free, debt-free basis. The investment is being funded by both the European and North American private...