The towers have a production capacity of approximately 45,000 tons of milk powder. The business unit has about 40 employees, who will switch to Royal A-ware as soon as both parties have concluded a final agreement.
FrieslandCampina said it will continue its production of consumer dairy in Aalter and will carry on with planned investments.
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 optimization.
The acquisition fits in with Royal A-ware’s strategy to serve customers with a broad product portfolio. The Dutch family-owned company intends to invest in the plant in order to be able to respond to customer demand.
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.