Arla Foods has indicated that it could offload more businesses that it deems are “non-core” to the company’s strategy.
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The Denmark-based group dropped the hint after yesterday (23 July) announcing that it had sold breakfast foods business Crispy Food for an undisclosed sum.
An Arla spokesman told just-food that would continue to look at its operations to see if further disposals are desirable.
“Arla Foods own many companies and we are assessing the list on an on-going basis to see which of the non-core businesses might make sense to sell off,” the spokesman told just-food. “Obviously, such an assessment takes many other aspects into consideration.”
Last month, Arla decided to stop producing emmental cheese, a decision that will lead to the closure of a dairy in Denmark.
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By GlobalDataArla’s operates in the dairy sector, producing milk-based products including liquid milk, milk powder, butter and cheese.
Some 54% of Arla’s revenue comes from Europe, with a further third generated in the UK. Overseas markets make up the remainder.
