RUSSIA – Leading Dutch dairy specialist FrieslandCampina has sold its Russian subsidiary Campina LLC to German dairy giant Ehrmann SE as part of its previously announced strategy to review its position in various markets. The strategic transaction is expected to allow FrieslandCampina to focus on consumer markets elsewhere while at the same time accelerating Ehrmann’s position in Russia. After completion of the transaction, Ehrmann will be the full owner of Campina and will manage the dairy production in Stupino, located in the Moscow region. Ehrmann is expected to further develop…
Read MoreFrieslandCampina sells Russian dairy business to German dairy giant Ehrmann
