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Denmark: Arla Foods in a joint venture with Fonterra

Article Abstract:

Swedish-Danish dairy giant Arla Foods and its rival Fonterra of New Zealand will start a joint venture company for the sale of cheese, butter and cream on the British market. The new company, that is to be based in Arhus, Denmark, will be 75% owned by Arla and 25% owned by Fonterra. The initial turnover of the company will be DKr3bn (US$361mn). Under the joint venture Arla will sell its Lurpak butter product, Yorkshire butter and Fonterra's Anchor butter, various cheeses and a special cream in a spray bottle on the British market. According to Arla Foods MD Jens Bigum, the two parties will consolidate their position in the world market through the joint venture which is also in line with Arla's new strategy to grow organically as well as through strategic joint ventures across borders. The joint venture deal will come into force next year provided that the British competition authorities give their approval to it.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Denmark, Fluid Milk & Cream, Fluid Milk Manufacturing, Fluid milk

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RUSSIA: ARLA FOODS NEAR A BREAKTHROUGH

Article Abstract:

Arla Foods, the Danish-Swedish dairy group, is expected to make a breakthrough in the Russian market. According to export manager Sven Gadegaard, the leading Russian dairy companies are interested in distributing Arla Foods' products on the Russian market. Arla's present exports of cheese and butter to Russia total around DKr40mn (US$4.8mn).

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Russia

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UNITED ARAB EMIRATES: ARLA FOODS IN JOINT VENTURE

Article Abstract:

Arla Foods, the Swedish-Danish food giant, will start a joint venture company with a local dairy in Dubai, the United Arab Emirates. The dairy will produce Danish cheese and Danish butter. Arla Foods is already a market leader in the butter market in the UAE where it reported sales of around DKr150mn (US$17.4mn) in 2000.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
United Arab Emirates

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Subjects list: Cheese, Butter, Arla Foods Ingredients A.m.b.a. (Skanderborgvej, Denmark)
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