News in brief
Arla Foods and Foremost Farms USA consider strategic partnership
The potential partnership is to increase the value of whey by combining Foremost Farms’ whey with Arla Foods’ ingredient experience and sales channels. Recently, Arla Foods and Foremost Farms signed a Memorandum of Understanding, formalizing the possibility of a future partnership.
Henrik Andersen, group vice president of Arla Foods Ingredients (AFI), said, “As farmer-owned cooperatives, Arla Foods and Foremost Farms USA share many of the same values and both parties see a high degree of compatibility on visions and ambitions within whey. We are confident that Foremost Farms can be the right partner for us in our efforts to secure access to high-quality whey in the U.S. market.”
Michael Doyle, president and CEO of Foremost Farms, said, “We are excited about working with Arla Foods to create an international strategic partnership. By working with Arla, we can leverage their global food supply connections and innovation expertise with Foremost Farms’ diverse plant network and access to high-quality member milk.
“These factors combined, will enable both companies to meet business objectives and provide whey solutions of the highest quality to the world.”