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CET acted as financial advisor to Arla Foods in disposal process of its Polish subsidiary. CET advised Arla Foods in negotiation of transaction conditions with the investor, and managed the transaction process including due diligence and preparation of acquisition documents.
The dairy was sold to Polmlek group – one of the leading players on the Polish dairy market.
Due to centralization of the mozzarella cheese production at Arla’s dairy in Rødkærsbro, Denmark, decision was taken to sell the Polish production subsidiary in Goscino, which currently processes 70.000 tons of milk annually and employs 100 people.
Arla Foods is the world’s eight largest dairy company with global turnover equal to approximately EUR 6,5 billion in 2010. As a cooperative owned by approximately 7 700 Swedish, Danish and German milk producers, Arla Foods has production facilities in 13 countries and sales offices in additional 20 countries.