Asian Spectator

Times Advertising

Arla Foods Ingredients moves forward with acquisition of Volac Whey Nutrition business

  • Written by Arla Foods Ingredients
TAIPEI, TAIWAN - Media OutReach Newswire[1] - 18 November 2024 - Arla Foods Ingredients[2] is moving forward with its acquisition of Volac's Whey Nutrition business, after it was approved by the UK's Competition and Markets Authority. The regulator's go-ahead followed an agreement between the two companies, which was signed in April 2024.

Arla Foods Ingredients

The business is built around a processing facility at Felinfach in Wales, which handles large volumes of whey and specialises in the production of whey protein isolate (WPI). The site will now become a cornerstone of Arla Foods Ingredients' global production facilities, with further investment and expansion planned in the coming years.

The acquisition gives the nutrition leader a significant additional quantity of whey, helping it meet a growing market need. There is particular demand for WPI in the health and sports nutrition sectors, which grew by a CAGR of 9% between 2010 and 2023.[1] Arla Foods Ingredients now projects that its sales of WPI will rise significantly over the next five years. The facility will also produce whey fat concentrate and lactose.

Luis Cubel, Group Vice President and Managing Director of Arla Foods Ingredients, said: "Our acquisition of Volac Whey Nutrition brings together two major manufacturers of whey ingredients, and consolidates our position as a leader in the space. Having Volac's experts – and its network of trusted supply partners – as part of our team gives us several strategic advantages. It expands our market reach, helping us serve even more great customers, and strengthens our global supply chain at a time when demand for whey is growing."

He added: "Furthermore, these are two companies with shared values and a joint commitment to quality, sustainability and innovation. We look forward to learning from our new colleagues and partners and harnessing our respective strengths to meet the evolving needs of manufacturers and consumers, especially in the sports nutrition space."

[1] Euromonitor, Consumer Health, 2024

Hashtag: #ArlaFoodsIngredients

The issuer is solely responsible for the content of this announcement.

References

  1. ^ Media OutReach Newswire (www.media-outreach.com)
  2. ^ Arla Foods Ingredients (www.arlafoodsingredients.com)

Authors: Arla Foods Ingredients

Read more https://www.media-outreach.com/news/taiwan/2024/11/18/341203/

Magazine

Bisik terakhir gumuk pasir Kebumen, terancam lenyap oleh proyek tambak udang

● Gumuk pasir Kebumen terancam ekspansi tambak udang yang merusak bentuk serta fungsi alaminya.● Padahal nilai ekonomi gumuk pasir lebih tinggi dan berkelanjutan dibanding tambak udang. ...

Riset: Orang individualis justru punya kecenderungan lebih besar ikut aksi kolektif

Aksi demo mahasiswa di Jalan Merdeka Barat, Jakarta, pada 11 Maret 2025. Wulandari Wulandari/Shutterstock● Riset menunjukkan bahwa orang individualis lebih aktif ikut aksi kolektif.● Ambis...

Koruptor tak cukup hanya dipenjara, uang rakyat harus dikembalikan

Ilustrasi uang kotor dan borgol yang mencerminkan korupsi di Indonesia.Maxim Vasiliev/Shutterstock● Hukum di Indonesia lebih fokus ke memenjarakan koruptor, padahal pengembalian uang negara juga...

hacklink hack forum hacklink film izle hacklink testjetbahisslot gacortaraftarium24tipobetjetbahisdeneme bonusu veren sitelerinterbahisivermectin tabletiptv satın aliptv satın alcasibomz-librarygalabettaraftarium24padişahbetgalabet girişbetciosavoycasinosavoycasinosavoycasinosavoycasinosavoycasinoagb99holiganbetholiganbetjojobetsahabetjojobetmeritkingjojobet