The Biolac joint venture partners Milchtrocknung Südhannover eG (MTS) and Arla Foods Ingredients (AFI) have agreed that MTS will fully acquire AFI’s shares. MTS will thus become the sole owner of Biolac GmbH. AFI and MTS each previously held a 50% share in the joint venture.
MTS, a cooperative of DMK, Fude und Serrahn, Uelzena and Breitenburger Milchzentrale, will be converted into a GmbH (limited liability company) with Fude und Serrahn, Uelzena and Breitenburger Milchzentrale as shareholders in this connection. DMK has decided to leave dMTS for strategic reasons.
Biolac has been processing sweet whey concentrate as its sole raw material since 1986. As the largest producer of dairy ingredients in northern Germany, processing around 1 million tonnes of whey per year, Biolac is a partner for customers in the food, animal feed and pharmaceutical industries.