FrieslandCampina-Milcobel Merger Approved
The European Commission has approved the proposed merger between FrieslandCampina, a Dutch dairy producer, and Milcobel, a Belgian dairy company.
This approval is the last required worldwide from authorities, as stated by FrieslandCampina.
Merger Background
The merger agreement is part of FrieslandCampina's reorganization program, launched in 2023 to optimize commercial operations, according to foodingredientsfirst.com.
The merger aims to create "a single, future-oriented international organization."
Expected Outcome
Once completed, the merger will create a new entity that will be one of the largest European dairy players.
FrieslandCampina and Milcobel announced the merger plan in December 2024.
Author's summary: European Commission approves FrieslandCampina-Milcobel merger.