UK – Westbury Dairies, a conglomerate of the UK’s three leading co-operatives, has agreed a lease deal with the Westbury processing plant’s administrators.

The deal will mean that administrators PricewaterhouseCoopers will lease the UK’s largest processing facility to Westbury Dairies, which will take over all the current and future operations of the enterprise.

“We are delighted to confirm that Westbury will stay in farmer control,” said a spokeswoman for Westbury Dairies. “The deal marks a milestone in the UK dairy industry, with the leading three co-operatives, Dairy Farmers of Britain, First Milk and Milk Link, working together in a unique joint venture to secure vital access to intervention markets.” Each of the co-ops is putting in an initial investment of between