Austrian dairy processors Tirol Milch and Berglandmilch are reportedly in talks over a merger that would create the country’s largest dairy group.
According to reports today (15 June), directors from both sides have discussed the possibility of a deal.
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Over the next two months, farmer members of both co-operatives will meet to vote on the merger.
Austria’s competition watchdog would also need to take a look at the companies’ plans, reports say.
According to the APA news agency, Berglandmilch is Austria’s largest dairy, while Tirol Milch is the country’s fourth largest.
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By GlobalData
