Arla, DMK Plan Merger to Create €19 Billion Dairy Giant

Denmark's Arla Foods is merging with Germany's DMK Group to create a new cooperative named Arla, which will be the largest dairy cooperative in Europe, representing over 12,000 farmers with a combined revenue of €19 billion. The merger aims to enhance milk supply stability and investment in future dairy production. Peder Tuborgh will continue as CEO, while Ingo Müller from DMK will join the executive management team post-merger. The partnership is expected to leverage both companies' market strengths and product portfolios, promoting innovation and quality in dairy production. The merger is set to be voted on in June, with government approval anticipated by the end of 2025. Leaders from both companies emphasized shared values and a commitment to advancing dairy technology as key benefits of the merger.