May 12/Nr. Vium, Denmark/Press Release -- European competition authorities have given Arla Foods Ingredients and Germany’s largest dairy company, DMK, the green light to proceed with their planned joint venture.

By the end of 2012, the joint venture will secure significantly increased supplies of whey for Arla Foods Ingredients’ production of natural, milk-based ingredients.

The partners have agreed to invest 35 million euros in a new whey processing facility on the site of DMK’s cheese plant in Nordhackstedt, North Germany. An additional 9 million euros will go into expanding Arla Foods Ingredients’ whey processing plant in Nr. Vium, Denmark.

The new joint venture company will operate under the name ArNoCo GmbH & Co. KG.

 

From the May 12, 2011,Prepared Foods' Daily News.