It does not receive public funding
Editor in chief:
CLARA MOSCHINI

Facebook Twitter Youtube

Arla Foods meets Foremost Farms Usa

To explore strategic partnership

The companies are in advanced discussions about forming a strategic partnership

Sharing a mutual ambition of leading the way in whey in the United States, European dairy cooperative Arla Foods and U.S. based dairy cooperative Foremost Farms Usa are in advanced discussions about forming a strategic partnership.The vision of a potential partnership is to increase the value of whey through innovation, by combining Foremost Farms’ high-quality whey with Arla Foods’ extensive ingredient know-how and strong sales channels. Recently, Arla Foods and Foremost Farms signed a Memorandum of Understanding, formalizing the possibility of a future partnership. Henrik Andersen, Group Vice President of Arla Foods Ingredients (AFI), says: “As farmer-owned cooperatives, Arla Foods and Foremost Farms USA share many of the same values and both parties see a high degree of compatibility on visions and ambitions within whey. We are confident that Foremost Farms can be the right partner for us in our efforts to secure access to high-quality whey in the U.S. market”. Michael Doyle, President and CEO of Foremost Farms, says: “We are excited about working with Arla Foods to create an international strategic partnership. By working with Arla, we can leverage their global food supply connections and innovation expertise with Foremost Farms’ diverse plant network and access to high-quality member milk. These factors combined, will enable both companies to meet business objectives and provide whey solutions of the highest quality to the world". Further details on the plans of this strategic partnership will not be disclosed at this time.

mtm - 4937

© EFA News - European Food Agency Srl
Similar

CoffeeArla and Starbucks celebrate successful 10 year partnership

The partnership has been a success from the start

2020 marks 10 years since European farmer-owned dairy cooperative Arla Foods and the American coffee company Starbucks partnered up to combine chilled coffee and milk for the ready to drink (RTD) market. The partnership has been a success from the start, securing continuous growth in a high pace global market, in which unit production has increased by no less than 1700 per cent. more

Cheese and dairy productsBrands and transformation deliver strong 2019 results for Arla

Arla’s branded sales volume grew 5.1 per cent in 2019

In 2019 farmer-owned Arla Foods exceeded expectations for global branded sales whilst simultaneously transforming its business securing cost-savings at the top end of expectations through the Calcium programme. This enabled Arla to deliver a stable milk price to its farmers owners and a strong cash flow further strengthened the company’s investment power in future growth. more