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The restructuring will affect roughly 260 jobs across the group's network.
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Vogtlandmilch's range includes quark, UHT milk, butter and buttermilk sold under the Vogtlandweide, Sachsenland, and Joe Clever brands.
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A spokesperson for ABF-owned Hovis said the baker does not “anticipate there being any significant or lasting shortages”.
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Ahead of the appointment of administrators, the company’s managing director Craig Tucker stepped down.
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Analysts suggest Nestlé leaving Russia would shave around 2% off group sales and lead to asset write-offs of about one billion Swiss francs.
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Genu-in Solutions will now shift from being a partner in ingredients to innovation in end-user proteins.
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Loacker has committed to injecting €1m a year into start-ups as part of its new Corporate Venture Capital programme.
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The Italy-based group said the moves would help the company “stay competitive in a challenging market”.
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