Meadow Foods has denied rumours that it has been bought by a US food and agribusiness investor.
Industry news outlet, DairyIndustryNewsletter.co.uk reported the rumour last night.
However, Farmers Weekly understands that the UK dairy processor; Meadow Foods has received a significant investment from, US investor Paine & Partners.
An official announcement is expected to be made on Monday, however it is unlikely the size of the investment will be disclosed.
Meadow Foods represents 550 dairy farmers in the UK.