Tue, 19 Jun 2012 | BUSINESS SALE
Dairy giant Müller has purchased Shropshire creamery Minsterley in a £4.3 million deal.
The purchase will see Müller take over the 26 acre plant in January 2013. Workers at the plant will be retained, while the range of products is expected to be extended in the near future.
Graeme Jack, corporate communications director at Müller, commented on the purchase: “We are purchasing the site with the intention of growing our presence in the chilled desserts market, and that should lead to opportunities at the site in the future. It’s a positive move not just for Muller but for the people that work in Minsterley.”
Indeed, the creamery was forced to lay off 350 jobs when its current owners Uniq scaled back operations at the plant. The Müller deal should prevent further job losses.
Minsterley's creamery dates back to the early 1900s. It initially employed just four people but was later expanded to include various different dairy products. By the 1950s, when it was bought out by Independent Dairies, the site employed more than 100 people and covered around ten acres and has continued to grow in the following decades.
Earlier this year Müller bought milk producer Robert Wiseman Dairies, expanding its stake in the industry. Robert Wiseman is based in Worcestershire.
An estate agency in the London area is available for acquisition, offering a strategic opportunity to tap into the thriving London property market.
A unique opportunity to acquire a long-established car garage business in the South East of England, offering a comprehensive range of mechanical services for both petrol and electric/hybrid vehicles.
This is a unique opportunity to acquire a pioneering and prestigious brand in the burgeoning cold-water therapy industry, renowned for its innovation and notable partnerships with big names like Gymshark and Alpine F1.
03
|
Sep
|
Car dealership group representing 16 brands acquired | BUSINESS SALE
Johnsons Cars Limited, a car dealership group that represent...
03
|
Sep
|
Pair of family-run Devon care homes sold | COMMERCIAL PROPERTY
Two family-run care homes in Paignton, Torbay have been sold...
03
|
Sep
|
Dains Group expands in East Midlands with latest acquisition | BUSINESS SALE
Dains Group, a private equity-backed accountancy and advisor...
25
|
Mar
|
Dairy Crest sale of milk business to Müller 'still on track' | DIVISION SALE
Despite news that the UK competition authority is taking a c...
07
|
Nov
|
Dairy Crest hands milk business to Müller in £80m sale | BUSINESS SALE
Dairy Crest, which supplies about 15 per cent of Britain&rsq...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.