A consortium of farmer-owned milk co-operatives has tabled an offer with the receiver PricewaterhouseCoopers to try and secure the future of the processing plant.
The offer, dependent on certain conditions, is aimed at preserving Westbury in farmer ownership, said the consortium made up of Dairy Farmers of Britain, First Milk and Milk Link.
The group has managed to secure a commitment from PwC to ensure the plant will continue to take milk for a further week, both from consortium members and from United Milk’s own base of suppliers.
It is also in talks with those suppliers about how it intends to enable them to play an integral role in the plant’s future, although those
discussions are dependent on the outcome of negotiations with the receivers.
The three co-operatives had previously attempted to secure the future of the business in the months before the collapse but failed to reach agreement.