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Müller Yogurt Maker Weighs Options for UK Logistics Unit

  • Germany company weighs sale, IPO of Culina Group subsidiary
  • Culina could be valued at more than £1.5 billion, sources say

Unternehmensgruppe Theo Müller, the German company behind the popular Müller yogurt brand, is weighing options for its UK cold-chain logistics unit, people with knowledge of the matter said. 

The family-owned group has been speaking with potential advisers as it studies a sale or initial public offering of its Culina Group subsidiary, according to the people. Culina could be valued at more than £1.5 billion ($1.8 billion) in any transaction, they said.