UK – Speculation of a possible takeover of troubled UK processor Express Dairies is rife again this week, after the company posted another set of disappointing results.

Reports suggest that Express is now trying to strike a deal with a UK dairy co-operative, after talks with rival Arla fell out of bed earlier in the year. Express has also failed to attract the attentions of other rival processors.

In a statement accompanying the results, Express chief executive Neil Davidson said: “Our view remains that the industry will rationalise