Dairy Crest Buys Country Life

Summary


Food producer Dairy Crest has announced that it had paid pounds 4m for full control of the company that makes Country Life butter.

Dairy Crest unveiled a deal with Associated Co-operative Creameries to acquire its 38% holding in the English Butter Marketing Company, adding that it would also purchase the 6% stake of The Cheese Company.

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Extract


Dairy Crest Buys Country Life

The company said taking full control of the group would allow it to speed up the developmen...

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