Business Telegraph

.
The Times Real Estate

.

Arla Foods Ingredients moves forward with acquisition of Volac Whey Nutrition business

  • Written by Telegraph Magazine

TAIPEI, TAIWAN - Media OutReach Newswire - 18 November 2024 - Arla Foods Ingredients is moving forward with its acquisition of Volac's Whey Nutrition business, after it was approved by the UK's Competition and Markets Authority.

The regulator's go-ahead followed an agreement between the two companies, which was signed in April 2024.

Arla Foods Ingredients
Arla Foods Ingredients

The business is built around a processing facility at Felinfach in Wales, which handles large volumes of whey and specialises in the production of whey protein isolate (WPI). The site will now become a cornerstone of Arla Foods Ingredients' global production facilities, with further investment and expansion planned in the coming years.

The acquisition gives the nutrition leader a significant additional quantity of whey, helping it meet a growing market need. There is particular demand for WPI in the health and sports nutrition sectors, which grew by a CAGR of 9% between 2010 and 2023.[1] Arla Foods Ingredients now projects that its sales of WPI will rise significantly over the next five years. The facility will also produce whey fat concentrate and lactose.

Luis Cubel, Group Vice President and Managing Director of Arla Foods Ingredients, said: "Our acquisition of Volac Whey Nutrition brings together two major manufacturers of whey ingredients, and consolidates our position as a leader in the space. Having Volac's experts – and its network of trusted supply partners – as part of our team gives us several strategic advantages. It expands our market reach, helping us serve even more great customers, and strengthens our global supply chain at a time when demand for whey is growing."

He added: "Furthermore, these are two companies with shared values and a joint commitment to quality, sustainability and innovation. We look forward to learning from our new colleagues and partners and harnessing our respective strengths to meet the evolving needs of manufacturers and consumers, especially in the sports nutrition space."

[1]Euromonitor, Consumer Health, 2024


Hashtag: #ArlaFoodsIngredients

The issuer is solely responsible for the content of this announcement.

About Arla Foods Ingredients

Arla Foods Ingredients is a global leader in improving premium nutrition. Together with our customers, research partners, suppliers, NGOs and others, we discover and deliver documented ingredients and products that can advance lifelong nutrition for the benefit of consumers around the world.

We serve leading global brands in early life nutrition, medical nutrition, sports nutrition, health foods, and other foods and beverages.

Entrepreneurs & Leaders

Blocked Drains Sydney: What Every Property Manager Should Know (Before It’s Too Late)

Let’s be honest—blocked drains aren’t the kind of thing anyone wants to deal with. But if you’re managing a property, ...

Design Without Designers: How AI Tools Build Visually Stunning Landing Pages

Before now, the average person would have to hire a designer, spend hours, and sometimes even require an entire creati...

Argent Biopharma (ASX:RGT) Lands European Approval — Market Reaction Begins

Most investors scroll past microcap biotech stocks, assuming they’re years away from anything real. But Argent Biophar...

SMTP Error 451: Temporary Local Problem But Is It Yours or Theirs?

SMTP error 451 is one of those frustrating mistakes that exist in a fuzzy realm between sender and receiver responsibi...

How Headless CMS Improves A/B Testing Capabilities for Content Optimization

A/B testing is one of the best ways to boost content engagement, increase conversion rates, and improve user experience...

A Clean Car Park Equals Happy Customers: The Impact of Professional Sweeping

First impressions matter, and a clean car park can enhance customer experience. Discover how regular sweeping services h...

Authenticity in Marketing: Why It Matters More Than Ever for Businesses

(featured image) Marketing has always been connecting with people, but let’s be honest—consumers are more sceptical tha...

Crypto Expert John Fenga asks: Can Green Cryptocurrencies Make a Difference?

Cryptocurrencies have transformed financial systems, enabling decentralised, borderless transactions. However, their ...

How to Choose the Best Web Design for Your Website in Melbourne?

Today, your website serves as a crucial touchpoint for potential customers. It's often the first interaction someone h...