Dairy Crest has bought Express Dairies’ depot operations and milk processing plants in Liverpool and Nottingham from Arla Foods.
It paid £32.8m, including 77 distribution depots and a substantial property portfolio, cementing its position as Britain’s biggest doorstep milk supplier.
Dairy Crest anticipates selling some of the sites, which it says have a total value of £32m.
References: The Times 25/07/06 page 36, page 38 (Need to know), page 49 (Small Caps), Financial Times 25/07/06 page 22, The Daily Telegraph 25/07/06 page B1 (60 Second Briefing), The Guardian 25/07/06 page 24, Th