Press release -
CMA approves Müller acquisition of Yew Tree Dairy
Müller has announced approval from the Competition and Markets Authority (CMA) regarding its agreement to acquire Yew Tree Dairy.
Due to complete by the end of October, the acquisition will see Müller use Yew Tree Dairy’s milk powder production capabilities to grow its export business, drive supply chain resilience and secure a positive future for the British dairy industry.
Once completed, Müller intends to utilise internal expertise from across Unternehmensgruppe Theo Müller to enhance its milk drying capability, enabling it to become a major producer and exporter of powdered milk products made in Britain, with milk from British dairy farms.
Rob Hutchison, CEO at Müller Milk & Ingredients said: “This acquisition will drive significant progress towards MMI’s purpose to deliver a better dairy future. The British dairy industry is world-renowned for its approach to sustainability, quality and welfare and so, not only does this acquisition underline our ambition to grow our business, but also a commitment to ensuring our customers, farmers and consumers will all feel the benefit.
“We’re excited to welcome our new colleagues from Yew Tree Dairy to Müller, and I look forward to meeting them all in the coming weeks and opening a new chapter for both businesses and the wider supply chain.”
Carl Woodcock from Yew Tree Dairy said: “As a family-owned and operated company, we’re very proud of the progress we’ve made and the organisation we have built over the last few decades. As it’s now time for us to move on to new opportunities, we know we leave the business in good hands with Rob and the rest of the team from Müller.
“It was important for us to hand over the reins to people who’d look after the business with the same care and consideration as we have over the years, and we’re confident that the values and goals we’ve seen from the Müller family are similar to our own.
“Joining Müller will help Yew Tree Dairy go from strength to strength, benefitting our staff, farmers and customers and creating a strong and successful future for the British dairy industry.”
Topics
Müller is one of the ten most chosen FMCG brands in Great Britain, and the most popular dairy brand. It is ranked within the top 20 in The Grocer’s Top 100 list of Britain’s Biggest Brands and is picked from shelves millions of times each year. Müller UK & Ireland includes:
Müller Milk & Ingredients, which aims to build a better dairy future. It produces branded and private label fresh milk, cream, butter, milk drinks and ingredients products and boasts a network of dairies and depots servicing customers throughout the country.
Müller Yogurt & Desserts, which aims to help put a smile on the nation’s face. It is responsible for major brands like Müller Corner, Müllerlight, Müller Bliss, Müller Rice, Müller FRijj and Müller Plant Based. It produces chilled desserts under licence from Mondelez International and also supplies the UK private label yogurt market from a dedicated, state of the art yogurt facility.
