Muller's merger with Dairy Crest to be completed in December
Muller's £80 million move for Dairy Crest's dairy operations will be completed in December after the UK's competition authorities cleared the way for the merger.
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The deal was held up by concerns from the Competition and Markets Authority over the effect of the deal, and it had faced the prospect of a lengthy Phase II investigation.
Now, however, the CMA has accepted proposals from the Market Drayton-based dairy giant to process 100 million litres of milk a year for Medina Dairy in the south west, allaying concerns over a lack of competition.