New Arla UK structureThis article was originally published in Foodnews
THROUGH their investment company Milk Partnership Ltd (MPL), farmers who are part of Arla Foods Milk Partnership are forming a joint venture with Arla Foods amba to become part owners of Arla Foods UK plc. Under the joint venture, a new company will be established, which will hold a 7% share in Arla Foods UK. Arla Foods amba and MPL will each hold a 50% stake in the joint venture. MPL had previously held a 5.29% stake in Arla Foods UK until Arla Foods amba acquired 100% of the UK business in 2007.