Arla Foods to merge with German Cooperative

Dairy giant Arla Foods, which has its UK headquarters in Leeds, is merging with DMK Group in a move to create the largest dairy cooperative in Europe.

The merger brings together more than 12,000 farmers, creating a combined group with revenues of around 19bn euros.

The companies said the cooperative will ensure a solid milk supply, secure a strong price for its owners and have the financial ability to invest in the future of dairy.

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