Dairylea Proposes Dairy Farmers Of America Merger25 October 2013
US – Dairylea and Dairy Farmers of America (DFA) are set to merge following a proposal to come out of Dairylea’s Annual Meeting last week.
Three years of scrutinising how to best position Dairylea members has concluded with the cooperative’s decision to vote on the change in February next year.
The ‘2020 Group’ committee was formed in 2010 to gather information that would assist business development to maximise income from structure.
The DFA has plans to add six seats to the DFA’s board of directors, as a reflection of growing north east membership.
“Today’s dairy industry is undergoing unprecedented change,” said Greg Wickham, Dairylea’s chief executive officer. “From consolidation in the marketplace and changing farm demographics to a movement toward a global dairy industry, this change presents both challenges and opportunities.”
“Ultimately, the Board determined merging with DFA, already a longtime partner in Dairy Marketing Services, would best complement Dairylea’s capabilities and resources, while securing flexibility and increasing value for our members,” said Mr Wickham.
TheCattleSite News Desk