Arla Receives Regulatory Approval for Volac’s Whey Nutrition Acquisition, Strengthening Market Position

United Kingdom (UK) 11.11.2024

Source: DairyNews.today

The UK’s Competition and Markets Authority (CMA) has approved Arla’s acquisition of Volac’s Whey Nutrition business, marking a pivotal step forward in Arla’s expansion within the high-growth whey nutrition market. The acquisition agreement, initially signed in April, underwent a detailed regulatory review before securing the CMA’s green light.

Arla Receives Regulatory Approval for Volac’s Whey Nutrition Acquisition, Strengthening Market Position

Luis Cubel, Managing Director of Arla Foods, welcomed the decision, highlighting the strategic value of the acquisition amidst surging demand for whey-based nutrition products. “This approval moves us closer to a key acquisition that will solidify our leadership in the whey nutrition industry,” Cubel stated. “We’ll now proceed with the formal integration process to make Volac’s Whey Nutrition business part of Arla Foods Ingredients, after which we look forward to discussing the substantial benefits of uniting two prominent players in the whey sector.”

James Neville, joint owner of Volac, expressed enthusiasm over the milestone, stating, “We’ve always believed Arla Foods Ingredients has the expertise and values to elevate our Whey Nutrition business. This is not only great news for Volac but for the whey ingredients sector as a whole, as two innovative companies are set to join forces.”

The acquisition is expected to enhance Arla's capabilities in meeting global demand for whey-based nutrition, driving innovation and growth within the sector.