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Companies / Denmark

Arla Streamlines As Global Dairy Competition Intensifies

April 2007 | Company Finance Alert

Danish and Swedish dairy co-operative Arla Foods has revealed that it is to sell its fresh pasta manufacturing unit, Pastella, to food processor Beauvais for an undisclosed sum. While Pastella, which had a turnover of just DKK130mn (US$23.81mn) in 2006, represents only a small part of Arla's business, BMI believes that its sale, and Arla's motivation, reveals much about the current state of the global dairy marketplace and Arla's competitive position within it.

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