Asian Spectator

The Times Real Estate

.

Arla Foods Ingredients and Volac Joint Statement on Acquisition Decision

  • Written by Arla Foods Ingredients
TAIPEI, TAIWAN - Media OutReach Newswire[1] - 7 November 2024 - The UK's Competition and Markets Authority has approved Arla Foods Ingredients[2]' acquisition of Volac[3]'s Whey Nutrition business. The regulator's go-ahead follows an evaluation that took place after the two companies signed an acquisition agreement on April 18th 2024.

Arla Foods Ingredients

Commenting on the announcement, Luis Cubel, Group Vice President and Managing Director of Arla Foods Ingredients, said: "This is a very welcome decision at a time when demand for high-quality whey ingredients is growing. It means we're a step closer to a significant acquisition that would consolidate our position as a leader in the whey nutrition space. We will now move forward with the formal process necessary to make Volac's Whey Nutrition business part of Arla Foods Ingredients. Once that is complete, we will be able to comment further on the many advantages of bringing together these two major manufacturers of whey ingredients – not just for both companies, but also for our customers and the industry as a whole."

Commenting on behalf of the Neville family, James Neville, joint owner of Volac, said: "We were always confident that Arla Foods Ingredients had the necessary expertise and values to take our Whey Nutrition business to the next level, and we are delighted to have reached this important step in the acquisition process. It's great news for Volac Whey Nutrition, and for the whey ingredients sector, that these two innovative companies have been allowed to join forces.

Hashtag: #ArlaFoodsIngredients

The issuer is solely responsible for the content of this announcement.

References

  1. ^ Media OutReach Newswire (www.media-outreach.com)
  2. ^ Arla Foods Ingredients (www.arlafoodsingredients.com)
  3. ^ Volac (www.volac.com)

Authors: Arla Foods Ingredients

Read more https://www.media-outreach.com/news/taiwan/2024/11/07/339398/

Magazine

Bagaimana cara berbahagia dengan yang kita miliki dan berhenti membandingkan diri

Alphavector/ShutterstockKadang-kadang, kita merasa tak seharusnya bahagia dengan apa yang kita miliki. Apalagi kita hidup di dunia yang penuh ketidakadilan dan kekejaman di berbagai lapisan lingkungan...

Merawat hewan peliharaan yang sakit serius dapat membuat kita stres, ‘burnout’, dan cemas tak berkesudahan

Ground Picture/ShutterstockHidup ditemani hewan peliharaan membawa banyak manfaat. Mereka dapat membuat kita merasa selalu memiliki teman, dicintai, dan mendapatkan dukungan. Memiliki hewan peliharaan...

Konten brain rot lumpuhkan kemampuan kita bercerita penuh makna

Saya mengajar sebuah mata kuliah tentang hubungan antara masyarakat dengan media sosial di Durham College. Sebagai bagian dari tugas, saya meminta mahasiswa saya untuk merefleksikan penggunaan media s...