Graham’s The Family Dairy has confirmed that it has acquired the Glenfield Dairy in Fife from First Milk – part of the company’s wider growth strategy, which sees them expanding their product range, exploring new product development and supporting the dairy industry across Scotland.
The Glenfield site produces cottage cheese, quark and sour cream, which will continue to be produced after Graham’s has taken over the business.
Graham’s The Family Dairy, which has this week been named number one Scottish dairy brand in Scotland by Kantar, produces a wide range of dairy products including milk, block and spreadable butter, cream, cheddar cheese, and has recently launched low-fat yogurt and luxury ice-cream ranges.
The family business is a longstanding advocate of the health benefits of dairy and is delighted to be expanding its offering with additional healthy options in the form of cottage cheese and quark, Graham’s said.
Robert Graham, managing director of Graham’s The Family Dairy, said: “This is an exciting acquisition for us as it allows us to extend our product range for customers and consumers even further, with the addition of cottage cheese and quark. In addition, this deal presents great potential to explore further new product development going forward.
“Our core values run through the very heart of our business – family, farming and high quality products that taste great. We plan to bring these principles to Glenfield as they become part of the Graham’s family. We’re delighted to be expanding the business on home turf and will continue to be mindful of future growth opportunities.”
First Milk chief executive Mike Gallacher continued: “The sale of Glenfield Dairy follows a full strategic review by the board over the summer. It will allow us to focus even more closely on our core businesses in hard cheese and liquid brokering. This is already starting to drive improvement with the business moving into a positive operating profit at mid-year, consistent with the phasing of our turnaround plan. We are confident that this focus will deliver improved milk prices and a more sustainable business model for our farmer shareholders. Today’s announcement is also a good deal for our Glenfield employees, our customers and consumers. Glenfield fits well with Graham’s other well-established dairy operations and the sale protects employment at the site and hence the broader Scottish dairy sector.”
© FoodBev Media Ltd 2021
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