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Asda cut the premium paid to its liquid milk supply group by 20% despite insisting the milk price war would not come at the expense of its dairy farmers, The Grocer can reveal. One week before it slashed its retail milk prices, Asda...
Dairy Crest has completed a debt refinancing deal resulting in the company extending its banking facilities until October 2016. Through the deal, Dairy Crest has secured a five-year revolving credit facility of 170m plus 131.2 from a syndicate of five banks and 54.5m of debt placement.
Robert Wiseman Dairies will rely on recovering rising costs from the major mults to meet performance expectations in the coming months. In its latest trading update, issued this morning, the dairy giant said it was in talks with retail customers about recouping the higher milk prices paid to farmers to ...
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