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Graham's beats Wiseman to SMD
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GRAHAM'S Dairies, Scotland's largest independent milk producer,
yesterday grew its turnover 17.5 per cent after buying Scottish Milk
Dairies (SMD) - just days after rival Robert Wiseman Dairies had its
takeover of the operation blocked by the Competition Commission.
The acquisition, from the UK's largest farmer-owned business First
Milk, for what is believed to be considerably less than the GBP
900,000 Wiseman had planned to spend, will increase Graham's turnover
by about GBP 4.5 million to over GBP 30m and grow annual production
by around ten million litres. The workforce will increase by ...
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