Friday, April 19, 2024
BusinessWiseman in takeover talks

Wiseman in takeover talks

SCOTLAND’S biggest milk supplier is in takeover talks with a German-owner dairy company.

East-Kilbride based Robert Wiseman Diaries could be bought by Muller Dairy, it has emerged.

The company confirmed it is talks with yogurt-maker Muller Dairy UK, who has until February 10 to confirm its intentions.

The company, which is responsible for around 30% of fresh milk sold in the UK, is currently valued at 225m.

Wiseman saw its share price rocket by nearly a third today following takeover speculation

Related Stories