The Competition and Markets Authority (CMA) has officially approved Müller’s acquisition of Yew Tree Dairy, a family-operated dairy producer based in West Lancashire, which was initially announced in June.
This strategic acquisition aims to enhance Müller’s production capabilities and expand its export business, particularly in the realm of milk powder. By leveraging Yew Tree Dairy’s facilities and expertise, Müller seeks to strengthen its supply chain resilience and support the future of the British dairy industry.
The CMA’s approval comes after careful consideration of potential competition impacts within the UK dairy sector. Concerns were raised about a possible “substantial lessening of competition,” yet the authority concluded the investigation on 22 October, fully endorsing the acquisition. The detailed decision report is expected to be released shortly, providing further insights into the CMA’s analysis.
Rob Hutchinson, Chief Executive of Müller Milk and Ingredients, expressed confidence in the synergistic potential of the acquisition. He praised Yew Tree Dairy’s exceptional processing capabilities, skilled team, and robust customer and supplier relationships. According to Hutchinson, combining these strengths with Müller’s existing network will allow the company to “tap into global dairy consumption growth” and “unlock additional export opportunities.”
This merger represents a significant step for Muller in consolidating its position in the dairy market while ensuring long-term industry sustainability and competitiveness.
