Dairy Crest loses a third of its milk contract with Morrisons January 20, 2015 Dairy Crest has lost a third of its fresh milk contract with Morrisons to rival milk producer Arla after signing a new three-year deal with the supermarket chain. The company, which also owns Cathedral City cheese and Country Life butter, is in the process of selling its liquid milk business to Muller UK & Ireland [...]
Dairy Crest share price soars as company strikes £80m deal with Muller for its dairy assets November 6, 2014 Britain’s largest dairy products company Dairy Crest yesterday announced it was selling the assets of its dairy operations to Muller UK & Ireland Group for £80m. Under the deal, Muller’s UK division – Muller Wiseman Dairies – will take over factories at Foston, Derbyshire, Chadwell Heath, in east London, and Severnside, Gloucestershire. The two companies [...]
Dairy Crest share price falls on “volatile” dairy prices September 22, 2014 Dairy Crest's share price fell 1.54 per cent to 403.2 pence this morning, following the news its dairy operations lost money over the past six months. In its trading update for the half year to 30 September, the UK dairy product supplier said volatility in dairy product prices and a price war between UK [...]
Opcapita exec made chairman at Dairy Crest September 17, 2014 DAIRY Crest, the owner of Cathedral City cheese, yesterday named non-executive director and Opcapita partner Stephen Alexander as its new chairman. Alexander has worked in the consumer industry for over 30 years and joined Dairy Crest as a non-executive director in 2011. He replaces Anthony Fry, who is stepping down due to ill health, with [...]
Dairy Crest and Fonterra on the whey to China baby formula deal July 3, 2014 Cathedral City cheese maker Dairy Crest said yesterday it had struck a deal with New Zealand dairy giant Fonterra to tap into the £7bn Chinese baby formula market. The five-year deal will see Fonterra sell Dairy Crest’s whey – the key ingredient in baby formula and a by-product of cheese making – to fast growing [...]