First Milk to sell Scottish creameries
First Milk has revealed that it will be selling its Scotland-based creameries in Arran and Campbeltown.
Commenting on the announcement, Shelagh Hancock, CEO, says, “Following a strategic review, we have determined that our branded consumer-facing businesses in Campbeltown and on Arran are not a strategic fit for First Milk moving forward.
“The review identified that there is undoubtedly a market for the premium Mull of Kintyre and Isle of Arran brands but capturing the opportunities would require significant investment for activity that is not core to our strategic direction.
“However, we are confident that with the right focus and investment under new ownership the businesses would prosper.
‘’A sale would enable us to continue with our focus on developing our major creameries in Haverfordwest and the Lake District, creating value through broadening and strengthening our strategic partnerships and delivering best value for our members’ investment.
“Campbeltown and Arran Creameries will continue to run as normal during this sale process and we will be working closely with prospective buyers to ensure a smooth transition. We appreciate that this decision will affect some of our colleagues, but we hope that under new ownership the sites will thrive, offering good employment prospects for the future.”
