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Wiseman agrees to Muller takeover | Wiseman agrees to Muller takeover |
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Britain's biggest fresh milk company, Robert Wiseman, has agreed to be taken over by Muller Dairy in a deal worth almost £280m. | Britain's biggest fresh milk company, Robert Wiseman, has agreed to be taken over by Muller Dairy in a deal worth almost £280m. |
Wiseman confirmed last week it was in talks with Muller after a sharp rise in its share price. | Wiseman confirmed last week it was in talks with Muller after a sharp rise in its share price. |
The Scottish group operates seven dairies across the UK and counts the The Co-operative Group, Sainsbury's and Tesco among its customers. | The Scottish group operates seven dairies across the UK and counts the The Co-operative Group, Sainsbury's and Tesco among its customers. |
Muller is based in Germany and makes yoghurts and potted deserts. | |
Wiseman provides about 30% of the fresh milk consumed in the UK every day. | Wiseman provides about 30% of the fresh milk consumed in the UK every day. |