1,600 British Dairy Farmers to Become Co-owners of UK Cooperative
UK - Arla Foods is proposing that the British dairy supplier group, Arla Foods Milk Partnership (AFMP) become co-owners from January 2014. The final decision is due to be made this October.
4 September 2013
1 minute read
If the planned co-ownership goes ahead, this will make Arla Foods a solely British owned group, with an increase of 1,600 British dairy farmer members.
“Despite this increase, initially Arla’s annual milk supply may not increase, as they already buy AFMP farmers’ milk. But the agreement will increase Arla’s stability and opportunities in the UK market and this is important,” explained the CEO of Arla Foods, Peder Tuborgh.
The Chairman of Arla Foods, Ake Hantoft said: “The members of Arla’s Board of Directors are convinced that having AFMP as part of the owner group will strengthen Arla considerable.
“Arla and AFMP share the same view of the future; we believe that, as dairy farmers, a growing farmer-owned cooperative can give us the greatest security going forward,” said Åke Hantoft.
AFMP’s Chairman, Jonathan Owens said: ”The offer presents us with an unrivalled opportunity to become an owner of Europe’s largest, and most progressive, farmer-owned dairy cooperative. Arla Foods amba’s mission is to secure the highest possible value for its farmers’ milk, while creating opportunities for their growth.”
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