FDBusiness.com

Graham’s, Scotland’s leading independent dairy company, is acquiring Claymore Dairies for an undisclosed price. Claymore Dairies was sold earlier this year by Arla Foods and North Milk Co-op to a management buyout also for an undisclosed sum.

The acquisition of Claymore will increase Graham’s annual turnover to about £50m

And the enlarged business will employ more than 400 people.

“Since the buyout, we have had several meetings with Graham’s. During that period, it has become increasingly clear that there would be significant benefits by putting the businesses together,” explains Ian Larg, managing director of Claymore Dairies. “Graham’s’ diversity and greater market position will be a major benefit to Claymore going forward. This will lead to greater security for the dairy, its staff and supplying dairy farmers.”