Finance
Dutch dairy collective FrieslandCampina to merge with Belgian Milcobel
Published by Global Banking & Finance Review®
Posted on December 18, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 18, 2024
1 min readLast updated: January 27, 2026
FrieslandCampina and Milcobel merge to form a €14B dairy company, excluding Milcobel's Ysco division. The merger spans 30 countries with 22,000 employees.
AMSTERDAM (Reuters) - Dutch dairy collective FrieslandCampina has agreed to merge with smaller Belgian rival Milcobel, it said on Wednesday, creating a company with combined revenues of more than 14 billion euros ($14.66 billion).
No financial details of the deal were disclosed.
The merged company would be active in 30 countries, with almost 22,000 employees worldwide with dairy delivered by around 11,000 member companies.
FrieslandCampina had revenues of 13 billion euros in 2023, while Milcobel had 1.4 billion euros in sales.
The takeover does not include Milcobel's ice-cream division Ysco, which will be sold, the companies said.
The companies aim to present a detailed plan for their deal early next year.
($1 = 0.9550 euros)
(Reporting by Bart Meijer; Editing by Jan Harvey)
The article discusses the merger between FrieslandCampina and Milcobel, creating a large dairy company.
The combined revenues of the merged company are over €14 billion.
No, Milcobel's ice-cream division Ysco will be sold separately.
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