Dairy Crest

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Focus: Why Dairy Crest needs to offload dairies

Dairy Crest chief executive Mark Allen said today (21 May) he is "confident" the group's disposal of its struggling dairies business to Mull...

Global factors hold sway over UK milk prices

The price farmers are paid for milk has again made national headlines in the UK - and again it is the country's supermarket chains in the fi...

Viewpoint: Dairy Crest the takeover target

Dean Best | 6 Nov 2014

Shares in Dairy Crest shot up today (6 November) after the UK dairy group announced a deal to sell its most problematic and under-pressure division - liquid milk. However, it may just be the City was not just reacting to the exit (dependent of course on competition officials approving the transaction) of Dairy Crest from a sector struggling to make money but the fact there could be takeover interest in the leaner company.

On the money: Spreads, ice cream top Unilever woes

Hannah Abdulla | 23 Oct 2014

Unilever's third quarter underlying sales growth missed analyst expectations as the Hellmann's maker reported its spreads segment was still struggling, and ice cream sales were dampened by poor weather in Europe.

Comment: Competition to rise on whey investments

Katy Askew | 1 Sep 2014

Arla Foods is wise to invest in its whey protein production capacity. However, the company is far from alone in pursuing this strategy, with various dairy firms stepping up production to meet growing global demand. As activity increases so too could competition, Katy Askew suggests.

Dairy Crest's appeal may grow after deals

Dean Best | 3 Jul 2014

Strategically, Dairy Crest's deals with fellow UK dairy group Fayrefield Foods and New Zealand dairy giant Fonterra to serve the global infant formula market are astute moves. But the deals could also catch the eye of some of the world's larger dairy processors about Dairy Crest's new capabilities.

Latest Interviews

Bitesize interview: Cricketer Farm MD Greg Parsons

Dean Best | 28 Nov 2014

UK cheese maker Cricketer Farm supplies the country's major retailers with low-fat cheese, a category growing amid the rising consumer interest in health. However, in the last 18 months, the business has added a new brand - Cheeky Cow - to its portfolio, with half the fat of mature cheddar. MD Greg Parsons talks to Dean Best about the brand's early performance, the competition and how there are plans for "evolution" in 2015.

just-food interview part 1: Dairy Crest CEO Allen

Katy Askew | 24 May 2013

Dairy Crest has said it has had a "transformational" year, characterised by an increased focus on its domestic business and a drive to boost efficiency. The company is now plotting a number of investments designed to grow both the top and bottom line. In a two-part just-food interview, Katy Askew spoke to CEO Mark Allen about how Dairy Crest is improving its cost base and shifting to higher margin products.

Latest News

Dairy Crest pulls artificial ingredients from Clov

Dean Best | 28 Aug 2015

Dairy Crest, the UK dairy group, has removed artificial ingredients from its Clover dairy spread in a bid to meet growing demand for "more natural, unprocessed foods".

Industry news of week - Russia ban, Maggi ruling

Dean Best | 14 Aug 2015

Russia this week said it would extend its restrictions on food imports to four more countries. In India, the ban on Nestle's Maggi noodles was overturned - although the products will have to be tested again. In the US, Kraft Heinz Co. announced plans to cut 2,500 jobs, while co-investor Warren Buffett cooled talk over a bid - in the short term at least - for Mondelez International. And in Europe, Nomad Foods struck a deal to buy Findus Group's operations in seven markets.

Muller's Dairy Crest milk buy moves closer to OK

Katy Askew | 11 Aug 2015

Muller's acquisition of Dairy Crest's liquid milk business appeared to move a step closer yesterday (11 August) when the UK's competition regulator indicated it is proposing to accept the German giant's moves to assuage anti-trust concerns.

Dairy Crest's Cathedral City offsets spreads drop

Katy Askew | 14 Jul 2015

Dairy Crest has said that it remains on-track to meet full-year earnings expectations as the growth of Cathedral City cheese meant sales at its cheese and spreads business are in line with last year, despite a drop in spreads sales.

Dairy Crest rebuffs union criticism over CEO bonus

Katy Askew | 2 Jul 2015

Dairy Crest has rejected union criticism of a GBP1.2m (US$1.9m) bonus chief executive Mark Allen stands to be awarded.

Unite attacks "fat cat" Dairy Crest boss

Katy Askew | 1 Jul 2015

Unite, the union representing workers at UK cheese-to-spreads group Dairy Crest, has criticised the bonus the group's chief executive is reportedly due on completion of the sale of Dairy Crest's dairies division to Muller. The union's stinging attack comes ahead of pay talks scheduled for the end of the month.

CMA "accepts" Muller's revised Dairy Crest offer

Katy Askew | 29 Jun 2015

The UK's Competition and Markets Authority (CMA) has “accepted in principle” a revised offer from German dairy giant Muller for Dairy Crest's liquid milk business, the company said.

Dairy Crest, Muller competition probe extended

Katy Askew | 15 Jun 2015

The UK competition probe into the proposed sale of Dairy Crest's milk business to Muller has been extended to a so-called "phase two" investigation.

Food industry quotes of week: Arla, Premier Foods

Hannah Abdulla | 26 May 2015

This week, Arla Foods struck a notable deal in Egypt, with plans for a local venture with Juhayna Food Industries. Elsewhere, Unilever announced CFO Jean-Marc Huet would step down from his post and Thorntons said CEO Jonathan Hart had decided to leave the business. Premier Foods announced its annual results and CEO GavinDarby said the UK group would continue to focus on revamping its range.

Dairy Crest earnings fall

Katy Askew | 21 May 2015

Dairy Crest has hailed an improved full-year performance from its spreads business but profits fell at the UK dairy group as one-time costs and ongoing weakness in its dairies division took their toll.

Clover taken into spray cooking oils

Dean Best | 20 Apr 2015

UK dairy group Dairy Crest has taken its Clover butter brand into spray cooking oils.

Dairy Crest sees "robust" nine-month performance

Katy Askew | 5 Feb 2015

Dairy Crest insisted that its cheese and spreads businesses have performed "robustly" in a "difficult environment" and, while its milk business continued to make a loss, the sale of the unit remains "on track".

Dairy Crest rolls out low-sugar Frijj in UK

Hannah Abdulla | 4 Feb 2015

Dairy Crest has launched a reduced sugar version of its milkshake product, Frijj, in the UK.

Dairy Crest introduces four-month "price floor"

Katy Askew | 2 Feb 2015

Dairy Crest has introduced a four-month "price floor" in a bid to offer a "lengthy period of stability" to its farmer suppliers struggling under the knock-on impact of low prices for global dairy commodities.

Dairy Crest loses part of Morrisons milk contract

Dean Best | 20 Jan 2015

Dairy Crest will supply a third less liquid milk to UK grocer Morrisons under a new deal between the two companies.

Arla eyes infant formula firms with lactose plant

Dean Best | 17 Nov 2014

Dairy giant Arla Foods has opened a lactose factory in Denmark to supply what the co-op called a "vibrant" infant nutrition market.

Food industry quotes of week: Yildiz, Muller

Hannah Abdulla | 7 Nov 2014

This week, Turkey's Yildiz Holding struck a deal - said to be over GBP2bn - to buy United Biscuits and the Turkish group's CEO took to Twitter to hail the agreement. Meanwhile, German dairy giant Muller agreed to buy Dairy Crest's liquid dairy business in the second big deal of the week. Elsewhere, quarterly numbers continued to come in, with Mondelez International lifting its forecast for annual earnings.

Food industry news of week: Yildiz, Dairy Crest

Dean Best | 7 Nov 2014

United Biscuits is set for a new owner - Turkey's Yildiz Holding. The UK-based snacks maker announced this week brands including McVitie's and BN would join Godiva chocolate in the Yildiz portfolio. The M&A spotlight was firmly on the UK last week, with German giant Müller striking a deal to buy Dairy Crest's liquid milk assets - competition approval pending.

Muller: Dairy Crest deal helps whole supply chain

Dean Best | 6 Nov 2014

German dairy giant Müller has insisted its move to buy Dairy Crest's dairies operations will help the entire UK sector, from farmers to consumers.

Dairy Crest to sell dairies division to Muller

Dean Best | 6 Nov 2014

Dairy Crest is to sell its dairies division - including the Frijj brand - to German giant Müller.

Dairy Crest H1 profits fall amid dairies losses

Dean Best | 6 Nov 2014

Dairy Crest today (6 November) reported a drop in half-year profits due in part to losses from its dairies arm - a business it has agreed to sell to German giant Müller.

Dairy Crest to invest GBP4m in innovation hub

Katy Askew | 16 Oct 2014

Dairy Crest has unveiled plans to invest GBP4m (US$6.4m) in establishing a food innovation hub in partnership with Harper Adams University.

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