Green Light for Arla's Merger as One of Europe's Largest Dairy Companies Is Formed
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11 Articles
How will Arla-DMK merger affect dairy?
Arla and DMK clear the way for their dairy merger Arla Foods and Germany’s DMK Group are moving forward with their planned merger after securing the regulatory approvals needed from the European Union. The story says the two companies have obtained “all required regulatory clearances,” which…
Arla CEO: Layoffs are a small part of giant mergerWith the merger between Arla Foods and the large German dairy DMK Group, the dairy giant overtakes both Vestas and USTC on the list of the largest dan
Arla has grown continuously since the turn of the millennium. On Thursday, it happened again, when the merger authorities approved the merger with German DMK. But can the dairy group continue its growth? Yes, says CEO Peder Tuborgh the next day.
Green light for Arla's merger as one of Europe's largest dairy companies is formed
A year ago, the Danish-Swedish dairy giant Arla (the world's fifth-largest) announced that it was merging with the German dairy cooperative DMK to form one of the world's largest dairy companies. A deal of this magnitude must be carefully reviewed by the European Commission to ensure it does not distort competition, and today they announced that the deal has been given the green light. In a press release, Arla's CEO Peder Tuborgh says: "Togethe…
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