The long-awaited merger between Dutch dairy giants Friesland Foods and Campina has been completed after EU competition authorities gave the deal the go-ahead last month.
The new integrated co-operative, Friesland-Campina, came into being on December 30. Friesland will have to sell off its fresh dairy in Nijkerk, while Campina has been forced to offload its Campina Holland Cheese facility in Bleskensgraaf and the Yogho Yogho and Choco Choco brands in the Netherlands and Belgium. The divested businesses represented 4% of the new entity’s €9bn turnover.
FrieslandCampina has also been told to supply up to 1.2 billion kilos of raw milk to third parties in the Netherlands to guarantee the supply of Dutch milk.
Combining the two dairies would help the company grow strongly in brands and innovation, both in ingredients and consumer lines, said CEO Cees’t Hart.
The new integrated co-operative, Friesland-Campina, came into being on December 30. Friesland will have to sell off its fresh dairy in Nijkerk, while Campina has been forced to offload its Campina Holland Cheese facility in Bleskensgraaf and the Yogho Yogho and Choco Choco brands in the Netherlands and Belgium. The divested businesses represented 4% of the new entity’s €9bn turnover.
FrieslandCampina has also been told to supply up to 1.2 billion kilos of raw milk to third parties in the Netherlands to guarantee the supply of Dutch milk.
Combining the two dairies would help the company grow strongly in brands and innovation, both in ingredients and consumer lines, said CEO Cees’t Hart.
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