Just in:
BateriHub, Global Energy Battery Partner MNA Metal to Tighten Malaysia’s Used Battery Recycling Chain // This summer will never stop us from our wellness routine // XRG and Eni deepen Argentina LNG push // Masdar starts Kazakh wind power push // Bangladesh-China Joint Statement On Teesta Cooperation Poses A Big Challenge To India // DSQ Real Estate Highlights Post-Purchase Advisory as a Growing Need for Overseas Dubai Property Owners // Binzhou’s Leap from Manufacturing to Intelligent Manufacturing // 5 Law Firms Making a Difference in Cincinnati // OpenAI limits Sol launch amid cyber risks // Cheap RAT spreads through Telegram channels // France and Oman press toll-free Hormuz passage // Bracell Welcomes Fernando Branco’s Appointment to Lead ABAF and Reinforces Commitment to Sustainable Forestry Development in Bahia // Save the Children Hong Kong’s Play to Thrive: Prioritising Personal Growth Over Competitive Success // Alibaba Cloud gains edge in agentic AI race // Tehran blocks French role in Hormuz clearance // Why your AI transformation can fail — and it’s not the technology // Beijing widens Japan curbs as Takaichi row deepens // Afogreen Build Highlights Growing Adoption of Building Performance Modelling in Australia’s Sustainability-Driven Construction Sector // Abu Dhabi starts new Saadiyat arts landmark // Taiwan International Plant-Based Festival Launches in Singapore: High-End Culinary Partnerships and Diplomatic Exhibitions Shape Premium Agri-Product Branding //

Arla Foods Ingredients moves forward with acquisition of Volac Whey Nutrition business

AFI VOLAC PR images felinfach
TAIPEI, TAIWAN – Media OutReach Newswire – 18 November 2024 – Arla Foods Ingredients is moving forward with its acquisition of Volac’s Whey Nutrition business, after it was approved by the UK’s Competition and Markets Authority. The regulator’s go-ahead followed an agreement between the two companies, which was signed in April 2024.

Arla Foods Ingredients
Arla Foods Ingredients

The business is built around a processing facility at Felinfach in Wales, which handles large volumes of whey and specialises in the production of whey protein isolate (WPI). The site will now become a cornerstone of Arla Foods Ingredients’ global production facilities, with further investment and expansion planned in the coming years.

The acquisition gives the nutrition leader a significant additional quantity of whey, helping it meet a growing market need. There is particular demand for WPI in the health and sports nutrition sectors, which grew by a CAGR of 9% between 2010 and 2023.[1] Arla Foods Ingredients now projects that its sales of WPI will rise significantly over the next five years. The facility will also produce whey fat concentrate and lactose.

ADVERTISEMENT

Luis Cubel, Group Vice President and Managing Director of Arla Foods Ingredients, said: “Our acquisition of Volac Whey Nutrition brings together two major manufacturers of whey ingredients, and consolidates our position as a leader in the space. Having Volac’s experts – and its network of trusted supply partners – as part of our team gives us several strategic advantages. It expands our market reach, helping us serve even more great customers, and strengthens our global supply chain at a time when demand for whey is growing.”

He added: “Furthermore, these are two companies with shared values and a joint commitment to quality, sustainability and innovation. We look forward to learning from our new colleagues and partners and harnessing our respective strengths to meet the evolving needs of manufacturers and consumers, especially in the sports nutrition space.”

[1] Euromonitor, Consumer Health, 2024

Hashtag: #ArlaFoodsIngredients

The issuer is solely responsible for the content of this announcement.

About Arla Foods Ingredients

Arla Foods Ingredients is a global leader in improving premium nutrition. Together with our customers, research partners, suppliers, NGOs and others, we discover and deliver documented ingredients and products that can advance lifelong nutrition for the benefit of consumers around the world.

We serve leading global brands in early life nutrition, medical nutrition, sports nutrition, health foods, and other foods and beverages.



Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


ADVERTISEMENT
Social Media Auto Publish Powered By : XYZScripts.com