November 9, 2011
Arla allowed to acquire Allgauland-Kasereien
Danish dairy cooperative Arla Foods amba's proposed buy over of German dairy producer Allgauland-Kasereien GmbH, AL Dienstleistungs-GmbH and their subsidiaries has been allowed by the European Commission.
With an annual turnover of EUR307.8 million (US$425.9 million), Allgauland-Kasereien has four production plants, 306 employees and 1,338 milk producers.
The commission assessed the impact of the transaction on the supply of a number of dairy products including liquid dairy cream, packet butter, non-flavoured quark and cheese, but found that the transaction would not create serious competition concerns in the supply of any of these products.