Today, Arla’s Board of Representatives voted yes to the proposed merger with the Belgian cooperative, EGM Walhorn. Walhorn’s representatives will vote tomorrow.
The Board of Representatives of EGM Walhorn and Arla Foods vote on the proposed merger in separate meetings on May 13 and 14. For the merger to go ahead, approval by at least 75 per cent of the representatives of each of the two cooperatives is required. Subject to member approval and approval of the competition authorities, the merger is set to complete at the end of July 2014.
Yes: 174 votes (94 per cent)
No: 11 votes (6 per cent)
Arla Foods is an international dairy company owned by 12.600 farmers from Denmark, Sweden, the UK, Germany, Belgium and Luxemburg. Arla Foods is one of the strongest players in the international dairy arena, with a wide range of dairy products of highest quality. Well-known brands like Lurpak® and Castello® belongs to the Arla family. Arla Foods is also the world's largest manufacturer of organic products.