Parmalat’s UK dairy business, Losely Chilled Products, has been sold to Northern Ireland dairy company Dale Farm Dairies for an undisclosed sum.
The new business will trade as Dale Farm Kendal, producing Losely and Lakeland Maid brands. Dale Farm Group chief executive, David Dobbin, said the deal was in line with the company’s growth strategy in added-value dairy and was key to its UK development.
The deal is Dale Farm’s fourth major acquisition in three years, including Rowan Glen, specialist Scottish yogurt and health drinks manufacturer.
The latest purchase, after administrators were appointed, does not include Parmalat UK’s imports business.
Losely Chilled Products has no connection with Loseley Dairy Ice Cream, a privately owned company controlled by Tim and Liz Wilson.