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April 8, 2005

EUROPE: Campina leaders convinced of Arla merger benefits

Leaders of dairy co-operative Campina have pressed for the successful completion of the planned merger with Arla Foods.

Leaders of dairy co-operative Campina have pressed for the successful completion of the planned merger with Arla Foods.

 

Capina’s Members’ Council, comprising of 199 representatives of its roughly 9,000 farmer members in the Netherlands, Germany and Belgium, are and remain convinced of the short and long-term benefits of the merger, Campina said in a statement.

 

“We have discussed the merger in a constructive and critical manner. In principle, the members are in favour of the plans and await the decision with interest,” chairman Kees Wantenaar said.

 

Knud Erik Jensen, chairman of Arla Foods told Campina’s Members’ Council meeting, “we share the same challenges and the same ambition to develop our company to be able to deliver the highest possible milk price for our co-operative owners. Campina and Arla Foods are successful companies with a leading position in the dairy market.

 

A merger between Arla Foods and Campina was a merger between two equal parties. “The principle of equality is of great importance in this type of merger,” he said.

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