FrieslandCampina free from merger restrictions

This has an implementation organization Dutch Milk Foundation announced. As of July 1 of this year, 142 million kilos of milk were still available. Since then, 118 more dairy farmers have had their departure applications approved. On average, these latter livestock farmers took with them 1,2 million kilos of milk per company.

FrieslandCampina agrees a reaction regrets the departure of member dairy farmers, but respects the decision they have made based on their individual considerations. At the same time, the board is pleased that the severance scheme has now come to an end, which was not in the interests of the cooperative, but a condition imposed by the European Commission on the merger.

FrieslandCampina has also been open to new member dairy farmers for a few years now. With this in mind, the cooperative working area was expanded last year in parts of Belgium and Germany. The company expects to be attractive to new entrants again: "With the recently refined 'Expedition 2030' business strategy, we expect the company's profitability to improve, so that the cooperative can provide its members with a leading milk price and they can continue to invest in the sustainable future of their dairy farms."

However, no additional payment is expected this year, the company recently announced. Under the leadership of new CEO Jan Derck van Karnebeek, a new line is being set to improve results and focus on improving earnings across the board of the company, not just in the higher segment. Van Karnebeek underlined this again this week at a dairy conference in Brussels. 

Now that the so-called 'merger remedies' have come to an end, it is expected that the DMF itself will also be dissolved soon. The foundation has fulfilled its task.