Milcobel

Milcobel is one of Belgium's primary dairy co-operatives, operating extensively in the dairy market. The cooperative functions to support its member farmers, ensuring fair prices and market stability for their dairy produce.

Location

The headquarters of Milcobel are situated in Kallo, Belgium. The cooperative boasts several facilities and factories focused on different aspects of dairy production, including cheese, butter, milk powder, and ice cream processing.

Financial Indicators

Milcobel has demonstrated consistent financial growth, with annual revenues reaching approximately €1.1 billion. This strong performance highlights the co-operative's significant impact on the Belgian dairy market.

Important Company Events

One of the notable recent events for Milcobel is its decision to sell its private-label ice cream division, YSCO. The decision aligns with the company's strategic plan to refocus on core dairy activities and increase operational efficiency. YSCO has been a substantial part of Milcobel’s portfolio, providing a wide range of private-label ice creams across Europe.

Company Management

The company is managed by a board of directors elected from among its member farmers. The current CEO of Milcobel is Peter Koopmans, who has been steering the strategic reorientation of the company.

Company Plans

Milcobel's future plans are primarily centered around consolidating their core dairy businesses to ensure sustainable growth and continued support for their member farmers. The sale of YSCO is a pivotal move in this strategy. The cooperative aims to reinvest proceeds from the sale into enhancing its cheese, milk powder, and butter production capacities to meet increasing market demands.

Sources: https://www.milcobel.com, https://www.dairyreporter.com

Modified: 2024/10/14

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