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Müller vows return to profitability after completing Dairy Crest integration

Müller Milk & Ingredients boss Patrick Müller has pledged to return the processor to profitability after confirming it has finally completed the integration of Dairy Crest’s liquid milk division.

Following an investment of £650m in the business, the dairy giant now had a “platform for the future” and planned to ramp up innovation and seek out new strategic partnerships with retailers, Müller said. The company also boasted “highly efficient” factories that optimised energy, water and wastage as well as a comprehensive logistics network, he added.

“This is an organisation which is essentially just three years old,” Müller told The Grocer. “We’re the new kid on the block, and a new kid in a pretty much tired and financially unsustainable industry. Our focus now is to commercialise this new platform to be a trusted and stable strategic partner for our customers and UK-based farmers.”

Source: https://www.thegrocer.co.uk/buying-and-supplying/categories/dairy/mller-vows-return-to-profitability-after-completing-dairy-crest-integration/572691.article?utm_source=Daily%20News%20(The%20Grocer)&utm_medium=email&utm_campaign=2018-10-15&c=hGkrWtAW39M77pxsPpy1Iw== Oct 28 |