Announced
Synopsis
Arla Foods, an international cooperative that produces and sells dairy products worldwid, agreed to merge with DMK Group, a provider of a range of products, from milk based products and cheese to milk based industries. Financial terms were not disclosed. "The foundation of this partnership is formed by our shared values, and I am immensely proud of this proposed merger, which is a win-win for our cooperatives. The strength of both Arla and DMK Group lies in our shared commitment to quality and innovation, and I see DMK Group as the perfect partner in shaping a new and strengthened Arla, poised to lead in the dairy industry," Jan Toft Nørgaard, Arla Foods Chair.
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