
The intended sale is in line with the strategy of FrieslandCampina to further improve its network while maintaining maximum milk processing, increased value creation and cost optimisation.
The acquisition fits in with the strategy of Royal A-ware to serve customers with an as broad as possible product portfolio. The Dutch family-owned company intends to invest in the plant in order to be able to respond to customer demand in the best possible way.
The intended acquisition is subject to the usual conditions. Expectations are that the transaction will be completed before the end of the first quarter of the year 2021.