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Tine acquires Ilchester Cheese
Norwegian Dairy Cooperative Tine has acquired UK cheese maker Ilchester Cheese, which becomes part of Norseland, Tine’s wholly owned subsidiary in the UK.
Ilchester is a leading producer of blended cheese in the UK market. The company has a broad range of added value cheeses in a variety of formats, and is well established in the UK retail market.
The company also has extensive export of cheese to 25 countries. Ilchester’s 2007 turnover was £25m, of which international markets made up 25%.
The acquisition is part of Tine’s positioning in selected international markets, where Jarlsberg and other speciality cheeses is a strategic growth area.
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