FrieslandCampina-Milcobel Merger Approved by European Commission
The European Commission has approved the proposed merger between Dutch dairy producer FrieslandCampina and Belgian dairy company Milcobel.
This approval is the last required worldwide from authorities, as stated by FrieslandCampina. The merger is part of the company's reorganization program launched in 2023 to optimize commercial operations.
According to foodingredientsfirst.com, 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, aiming to create "a single, future-oriented international organization."
Author's summary: FrieslandCampina and Milcobel merge approved.