Dairy Crest has bought specialist dairy business Proper Welsh Milk, the same day the company went into administration following cash flow problems.
Dairy Crest buys Proper Welsh Milk for £325,000
By Gemma Mackenzie on March 4, 2013 in Uncategorised
The company was bought from administrators BDO LLP for £325,000 on Friday last week (1 March).
Proper Welsh Milk was created in 2011 when £1m was invested in a new dairy on the site of the former Whitland Creamery in Carmarthenshire. It currently employs around 40 people and packs local milk for Tesco, Marks and Spencer and a number of other customers.
The move will allow Dairy Crest to package Welsh milk in Wales – up until now all of its milk sourced from Welsh farmers was processed and packaged in England.
“Our priority is to maintain supply to customers and use this modern dairy in a strong milk field to help us to develop new products, such as vitamin enriched milk,” said Dairy Crest chief executive Mark Allen.
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