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Müller boosts milk powder capabilities with Yew Tree Dairy acquisition
FoodBev Media

FoodBev Media

5 June 2024

Müller boosts milk powder capabilities with Yew Tree Dairy acquisition

Müller has agreed to acquire Yew Tree Dairy, a family-owned British dairy producer, in a move aimed at bolstering its milk powder production and export capabilities. Yew Tree Dairy, based in Skelmersdale, West Lancashire, specialises in fresh milk and cream as well as milk powder production. Müller says the acquisition will enable it to leverage Yew Tree's manufacturing know-how to drive supply chain resilience and growth in its export business. "This significant investment in the British dairy industry underlines our ambition to grow Müller and build a better future for the sector," said Rob Hutchison, CEO of Müller Milk & Ingredients. Completion of the deal is subject to approval from the UK's Competition and Markets Authority. Once finalised, Müller plans to invest heavily in expanding the capacity and capabilities of Yew Tree's milk drying facility in Skelmersdale. "Tapping into internal expertise and experience from across the Müller group, the business will enhance its milk drying capability, enabling it to become a major producer and exporter of powdered milk products made in Britain, with milk from British dairy farms," the company said in a statement. The acquisition will allow Müller to better serve its customers, consumers and supplying farmers while strengthening the overall resilience of the British dairy industry, according to the company. Carl Woodcock of Yew Tree Dairy added: "The key for us was to find a buyer that not only shared our values but had an exciting vision for the future of the great British dairy industry. Following a competitive process, Müller was our clear preference, and we leave our business in really good hands."

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