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August 29, 2015 2:31 AM ET

Food Products

Company Overview of Arla Foods amba

Company Overview

Arla Foods amba produces and sells dairy products worldwide. It offers milk, cream, yoghurt, cheese, butter and spreads, proteins, milk powders, and beverages; and cooking products comprising soups, sauces, cooking fats, salad and cooking ingredients, and fermented cooking products. The company sells its products primarily under the Arla, Lurpak, and Castello brands. Arla Foods amba was founded in 1881 and is headquartered in Viby J, Denmark.

Sønderhøj 14

Viby J,  8260

Denmark

Founded in 1881

19,000 Employees

Phone:

45 89 38 10 00

Fax:

45 86 28 16 91

Key Executives for Arla Foods amba

Chief Executive Officer, Member of Executive Board, Director and Chairman of Corporate Responsibility Committee
Age: 52
Chief Financial Officer
Age: 46
Executive Vice President of Global Categories & Operations
Age: 53
Chief Executive Officer of Arla Foods Ingredients
Vice Chief Executive Officer, Member of Executive Board and Director
Age: 64
Compensation as of Fiscal Year 2015.

Arla Foods amba Key Developments

Arla Foods Opens New Office in Kuala Lumpur, Malaysia

Arla Foods announced the opening of a new office in Kuala Lumpur, Malaysia. It will be the main office for all of the company's activities in Asia and a regional leader will set the strategy for all activities within retail and foodservice in Asia.

Arla Foods and Juhayna Food to Form a Joint Venture

Arla Foods and Juhayna have agreed to form a joint venture which will sell Arla's products across Egypt. Juhayna Food has a very limited production of butter, cheese and cream, which Arla has specialised in across the Middle East and Africa. Therefore the two companies will now form a joint venture company that will sell Arla's products in Egypt. The retail structure in Egypt is characterised by a limited amount of supermarket chains and countless small one-man shops that need goods delivered straight to the door. Consequently, Juhayna has developed a neatly-masked distribution net, which covers the entire country. The new company, to be named ArJu Food Industries, will target an October 2015 start of sales operations. With the new joint venture company in place, Arla expects its revenue in Egypt to exceed EUR 90 million in 2020.

Arla Foods and Lactalis Reaches Agreement Concerning the Future of their Common Joint Venture, Walhorn AG in Belgium

Arla Foods and Lactalis have reached an agreement concerning the future of their common joint venture, Walhorn AG in Belgium. Since the merger between Arla and Eupener Genossenschaftsmolkerei Walhorn (EGM Walhorn) in August 2014, Arla became the legal successor of the 49% ownership of the joint venture company Walhorn AG - with the French dairy company Lactalis owning 51% of the shares. Since then, Lactalis and Arla have engaged in a dialogue about the future of Walhorn AG, and an agreement has now been reached for Arla to sell its legal shares of Walhorn AG to Lactalis on June 30, 2015. The existing milk delivery agreement between both parties will continue with all rights and obligations until the end of June 2016. After expiry of the agreement Arla Foods and Lactalis will make another agreement in which Arla Foods takes the obligation to deliver 100 million kilogramm milk per year to Walhorn AG. Walhorn AG operates a dairy site in the East Belgian village of Walhorn near Eupen, producing primarily milk powder, various liquid milk products and cream.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 15, 2015
Walhorn AG
Merger/Acquisition
September 11, 2014
The Arab Dairy Products Co. LLC
 

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