Dairy Crest acquires remaining 50% stake in Promovita Ingredients
date:Dec 23, 2015
control over the GOS business and to gain advantage of the benefits derived from this business.

The acquisition is valued at around 6m.

Dairy Crest has invested in manufacturing capability at Davidstow and has also produced samples of GOS in the past.

Dairy Crest CEO Mark Allen said: This is a further important step in the evolution of our added-value ingredients business. We remain on track to begin commercial production of GOS in early 2016 and this acquisition gives us full control over th
2/4 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
05/01 13:13