Müller Milk & Ingredients completes Yew Tree Dairy buy

Müller has announced approval from the UK’s Competition and Markets Authority (CMA) regarding its agreement to acquire Yew Tree Dairy. Due to complete by the end of October, the acquisition will see Müller use Yew Tree Dairy’s milk powder production capabilities to grow its export business, drive supply chain resilience and secure a positive future for the British dairy industry, the company says.

Once completed, Müller intends to utilise internal expertise from across Unternehmensgruppe Theo Müller to enhance its milk drying capability, enabling it to become a producer and exporter of powdered milk products made in Britain, with milk from British dairy farms.

Rob Hutchison, CEO at Müller Milk & Ingredients said: “This acquisition will drive significant progress towards MMI’s purpose to deliver a better dairy future. The British dairy industry is world-renowned for its approach to sustainability, quality and welfare and so, not only does this acquisition underline our ambition to grow our business, but also a commitment to ensuring our customers, farmers and consumers will all feel the benefit.

“We’re excited to welcome our new colleagues from Yew Tree Dairy to Müller, and I look forward to meeting them all in the coming weeks and opening a new chapter for both businesses and the wider supply chain.”