Skip to content
Search
AI Powered
Human content, AI powered search.
Latest Stories

Regulator clears Arla Foods’ acquisition of Volac Whey Nutrition

Regulator clears Arla Foods’ acquisition of Volac Whey Nutrition
Kiran Paul
By Kiran PaulNov 13, 2024
Kiran Paul
See Full Bio

The Competition and Markets Authority (CMA) has approved Arla Foods Ingredients’ acquisition of Volac’s Whey Nutrition business.

The regulator’s go-ahead follows an evaluation that took place after an acquisition agreement was signed in April.

Both businesses manufacture and supply whey protein concentrate used for sports nutrition and food applications. The CMA has found that the merger does not give rise to “a realistic prospect of a substantial lessening of competition” within the whey protein market.

Commenting on the announcement, Luis Cubel, group vice president and managing director of Arla Foods Ingredients, said: “This is a very welcome decision at a time when demand for high-quality whey ingredients is growing. It means we’re a step closer to a significant acquisition that would consolidate our position as a leader in the whey nutrition space.

“We will now move forward with the formal process necessary to make Volac’s Whey Nutrition business part of Arla Foods Ingredients. Once that is complete, we will be able to comment further on the many advantages of bringing together these two major manufacturers of whey ingredients – not just for both companies, but also for our customers and the industry as a whole.”

Commenting on behalf of the Neville family, James Neville, joint owner of Volac, said: “We were always confident that Arla Foods Ingredients had the necessary expertise and values to take our Whey Nutrition business to the next level, and we are delighted to have reached this important step in the acquisition process. It’s great news for Volac Whey Nutrition, and for the whey ingredients sector, that these two innovative companies have been allowed to join forces.”

arla foods ingredientscompetition and markets authorityvolacs whey nutritionmergers and acquisitionsarla foods

Related News

More for you

high street store

Businesses to get ‘right to rent’ long-term vacant shops as High Street Rental Auctions takes effect

Photo: iStock

Councils get new powers to auction off leases for long-term empty shops on high streets

Local councils across the UK have been handed new powers to tackle the scourge of empty shops as High Street Rental Auctions (HSRAs) took effect on Monday (2 December).

Local authorities will be able to auction off leases for commercial properties that have been empty for long periods, with the HSRAs creating a ‘right to rent’ for businesses and community groups, giving them access to city, town and village centre sites.

Keep ReadingShow less
Mollie King

Mollie King performs at independent homeware and giftware boutique Lark

Small Business Saturday: Mollie King surprises shoppers with DJ set at indie boutique

Broadcaster and DJ Mollie King surprised shoppers and staff at independent homeware and giftware boutique, Lark in Southfields with an impromptu DJ set to launch American Express presents Small Business Saturday Sessions.

The star, whose partner is a small business owner, is the headline act for Small Business Saturday Sessions, which will see performances in London, Manchester and Birmingham on Small Business Saturday (7 December), an initiative of which American Express is founder and principal supporter.

Keep ReadingShow less
Edinburgh, Scotland

Edinburgh, Scotland

Photo: iStock

Scottish budget must prioritise pro-business measures, say industry leaders

With the Scottish budget looming, leaders across retail, hospitality and tourism are calling for targeted measures to alleviate financial pressures and support the sectors' recovery amid rising costs and regulatory demands.

Stuart McCallum, head of consumer markets in Scotland at RSM UK, highlighted the strain on businesses due to increasing costs from regulations, employers’ National Insurance hikes, and the persistent burden of business rates. He warned that without intervention, these challenges could force businesses to pass costs onto consumers or face unsustainable employment costs.

Keep ReadingShow less
'Most Gen Z favour indie retailers with many willing to pay extra'
iStock image

'Most Gen Z favour indie retailers with many willing to pay extra'

A good majority of young shoppers prefer shopping at independent retailers, with many even willing to pay extra, states a recent report.

According to a survey of 2,000 adults, commissioned by global online wholesale marketplace and Bira partner Faire, a majority of people aged 18-27 prefer the "personal touch" of an independent store, with 40 per cent of the Gen Z age group also most inclined to avoid chain stores for indie retailers.

Keep ReadingShow less
Food sales rises amid cautious festive mood
iStock image

Food sales rises amid cautious festive mood

Food sales edged up in the three months to November as more shoppers plan to increase spending this Christmas, shows industry data released today (3).

According to the British Retail Consortium (BRC), the industry lobby group, and KPMG, the consultancy, retail sales slid by 3.3 per cent last month, down from growth of 0.6 per cent in October.

Keep ReadingShow less