Arla Foods acquires Fonterra’s stake in joint venture

Published:
20 November 2009
Contacts:
Press contact

Following a decision by Fonterra to dispose of its minority interest in a joint venture with Arla Foods amba, Arla, the majority stakeholder, has acquired the 25 per cent share that it did not already own.

Arla Foods now has a licence giving it full rights to the Anchor® brand for all dairy categories in the UK and for packet butter and aerosol cream in Europe. An agreement has also been put in place for Arla to be supplied with Fonterra bulk butter, for the Anchor® brand and own label products in the UK.

Commenting on the decision, Arla Foods UK chief executive, Peter Lauritzen, comments: “Anchor is a very strong, successful, brand in the UK and it is a good business in which to invest. The butter, spreads and margarine market is a key category for Arla and this is a logical step for us to take this brand forward and develop it further in the UK.”

Ends

Editors’ notes

  • The joint venture commenced early in 2002
  • The following Anchor® products are currently available in the UK:

Anchor® block butter (salted and unsalted)
Anchor® Spreadable
Anchor® Lighter Spreadable
Anchor® aerosol creams:
Real dairy cream
Light real dairy cream
Extra thick real dairy cream
Chocolate flavoured mousse

Further information

Astrid Gade Nielsen, Director Group Communications

Phone: +45 89 38 10 09
Mobile: +45 40 95 10 09
astrid.gade.nielsen@arlafoods.com

Arla Foods dairies in UK

Anchor homepage

www.arlafoods.co.uk

Arla's products in the UK

Arla Foods is an international dairy company owned by 10,300 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxembourg and the Netherlands. Arla Foods is one of the strongest players in the international dairy arena, with a wide range of dairy products of highest quality. Well-known brands like Arla®Lurpak® and Castello® belong to the Arla family. Arla Foods is also the world's largest manufacturer of organic dairy products.

Press contact

Arla Group Press Office
Arla Group Press Office (journalists/media only) pressoffice@arlafoods.com +4591310310
Åse Andersson
Åse Andersson Head of Media,Press contact for Arla Foods in Denmark aasan@arlafoods.com +45 91 310 310 +45 89 38 10 00
Carina Østergaard
Carina Østergaard External Communication Manager, Press contact for Arla Foods International caoes@arlafoods.com +45 91 31 16 01 +45 89 38 10 00