Westbury Dairies will remain strategically important for Milk Link and First Milk, and it will continue to provide long-term balancing requirements for both businesses, along with Arla in line with its strategic requirements.
The addition of Arla to the joint venture will reduce the share of the costs borne by the original shareholders, Milk Link and First Milk, and provide a more economic balancing solution for all three businesses.
The joint venture secures the long-term future of Westbury Dairies. As such, it will continue to play a role in providing the key balancing capacity necessary for the British dairy industry to meet its annual peaks in production, particularly in support of the fresh liquid milk market.
Looking forward, all three parties will work to explore ways to develop the potential of the Westbury site to complement its existing skimmed milk powder and bulk butter production capabilities.
Source: Milk Link
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