Westbury Dairies has signed a deal to lease its troubled milk processing plant in Westbury, Wiltshire.
Three co-operatives Dairy Farmers of Britain, First Milk and Milk Link will takeover the plant, with each investing between £1m and £2m and will also supply milk year-round.
Westbury’s 236 contracted producers will continue to supply milk.
A Westbury spokeswoman was delighted that the group would “stay in farmer control”.
NFU milk chairman Terrig Morgan said: “Considering the situation little more than two months ago, this is a very good result for all the producers involved and for the industry in general.”
Three co-operatives Dairy Farmers of Britain, First Milk and Milk Link will takeover the plant, with each investing between £1m and £2m and will also supply milk year-round.
Westbury’s 236 contracted producers will continue to supply milk.
A Westbury spokeswoman was delighted that the group would “stay in farmer control”.
NFU milk chairman Terrig Morgan said: “Considering the situation little more than two months ago, this is a very good result for all the producers involved and for the industry in general.”
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