FrieslandCampina to merge with Milcobel.

FrieslandCampina, a Dutch multinational dairy cooperative, agreed to merge with Milcobel, a Belgian dairy cooperative. Financial terms were not disclosed. “The cooperative philosophy, which is deeply rooted at both Milcobel and FrieslandCampina, is the bedrock for this proposed merger. Our goal remains to create added value for our member dairy farmers. Through our regional complementarity we will become the cooperative dairy partner of choice for current and new members, with a solid milk supply for a successful future. For employees, the new organisation provides great opportunities to grow in an international environment. For customers, this merger means more innovation, an expanded product portfolio and further professionalisation of our services,” Betty Eeckhaut, Milcobel Chair of the Board.