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Merger approved by shareholders at EGM

Press Release   •   Apr 24, 2003 12:53 BST

The boards of Arla Foods and Express Dairies plc are pleased to announce that the proposed merger between the two companies - announced on 27 March 2003 - was overwhelmingly approved by Express shareholders at an Extraordinary General Meeting held earlier today.

Completion of the Merger remains subject to regulatory clearance.

Arla Foods UK plc is home to some of the UK’s leading dairy brands including Cravendale, Lurpak and Anchor. Processing approximately two billion litres of milk a year Arla continues to be one of the UK’s leading dairy companies and a supplier of fresh liquid milk and cream to the top seven retailers.

Over 2,500 daily deliveries are made directly to stores nationwide and Arla brands can be found across the dairy category. As well as the leader of the butter, spreads and margarine sector, and a major supplier of other added value products including flavoured milk and cheese, Arla continues to build working relationships with Arla Foods Milk Partnership, a unique group of dairy farmers, which supplies around 90 per cent of Arla's total milk requirements.

Behind this leading business is a team of circa 2,800 people across the UK located at our dairies, distribution centres and head office.