#5 FrieslandCampina
FrieslandCampina held on to fifth place in Rabobank's Dairy Top 20, on the back of a slight increase in dairy sales revenue in 2012.
The Dutch dairy cooperative, which is owned by its 19,500 member farmers in the Netherlands, Germany, and Belgium, achieved dairy sales of $13.5bn (€10.5bn) last year - a increase on the $13.4bn recorded in 2011.
