A MERGER between Dairibord and Dendairy’s would result in a super outfit with domineering capacity, an equities firm has said.
Dairibord accounts for 38 percent of the national milk intake and a merger with Dendairy’s will give it control of a larger portion of the market. Talks are underway on the deal, which was first reported mid last year.
Dendairy was founded in 2004 and has been steadily increasing its presence on the market. The company’s products include liquid milk, juice milk blends, sour milk, flavoured milk, milk powder, yoghurt, butter and ice
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