Müller Milk & Ingredients completes Dairy Crest integration, appoints new CFO

UK - Müller Milk & Ingredients (MMI) CEO Patrick Müller has confirmed completion of Britain’s largest ever dairy industry integration, set out his strategy for the future of the US$1.96 billion fresh milk, cream, butter and ingredients business, and confirmed a key executive board appointment. According to the company, Brian Watson has been appointed as…

Dairy Crest invests US$100m in Davidstow creamery in the UK

UK - British-owned dairy company, Dairy Crest has invested US$113.5 million in growing the capacity of its cheese business, US$100 million of which will be spent at its Davidstow creamery in Cornwall, UK. The investment is aimed at allowing further growth of the company’s market-leading cheese brands Cathedral City and Davidstow, enhancing whey production capacity…

Dairy Crest reports 16% revenue increase in half-year results

UNITED KINGDOM – UK dairy company Dairy Crest has reported its fiscal half year 2017/18 results, with an increase of 16% to revenue of US$258.5 million from the same period last year, as the company experiences “encouraging first half.” According to FoodBev, the cheesemaker also announced that Cathedral City had volume growth of 10% with…