Robert Wiseman Dairies says it has agreed the terms of a £279.5m takeover deal by Müller UK (a wholly owned subsidiary of the German dairy giant) and is recommending the offer unanimously to shareholders.
First Milk, the biggest farmer-owned milk supplier in the UK, is to
take a 15 per cent stake in Robert Wiseman Dairies, one of the
country's top milk processors, in a deal seen as bringing the two
sides of the dairy supply chain...
Robert Wiseman, the Scottish milk processor, is confident of
reaching its growth targets in the first half of 2004, despite
rising costs for fuel, energy and plastics. But while the recent
increase in volumes following new contracts...