Åke Hantoft from Sweden will succeed Ove Møberg from Denmark as chairman of Arla Foods following Ove Møberg’s decision to step down after four years.
After 19 years as a member of the Board of Directors and four years as Chairman, Ove Møberg, 63, has announced his retirement with effect from the next ordinary meeting of the Board of Representatives on May 26.
Arla Foods UK is to manufacture retail packet butter at Westbury Dairies, from August 2011. The move follows the announcement in September that Arla Foods UK was to become a shareholder with First Milk and Milk Link in Westbury Dairies Limi
Having announced that Arla Foods amba is to invest over £150 million in building the world’s first billion litre liquid milk dairy, Arla Foods UK today confirms that it has secured a 70-acre site at Aston Clinton, Aylesbury, on which to bui
Arla Foods has today posted a profit of DKK 697 million based on a turnover of DKK 23.8 billion for the first half of 2010. Both turnover and earnings increased - but a challenging autumn awaits.
Arla Foods has decided to increase the price paid to its co-operative members – the so-called Arla price – by 7.5 øre with effect from 28 June 2010.
Progress in Arla’s international industrial markets for milk powder and cheese and a further upturn in the US dollar and sterling have enabled Arla Foods to increase the payment to Danish and Swedish co-operative owners.
2009 – a difficult year for Arla’s farmer owners but a strong performance in the last quarter delivers profit above budget
In 2009, the economic situation forced Arla Foods to make cuts across the business. A new and increased budget for 2010 focuses on marketing, an increase in capacity, as well as efficiency measures.
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.
At their meeting on Tuesday, 17 November, Arla’s Board of Directors decided that, with effect from 30 November, Arla’s co-operative owners will receive 10 øre more for their milk.
Arla Foods has today (September 30) announced that Frederik Lotz, 40, currently chief financial officer (CFO) at Danfoss has been appointed Arla Foods' new CFO and member of Arla Foods Executive Management Group with effect from 1 January.