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First Milk announces acquisition of BV Dairy

First Milk has today announced that it has completed the acquisition of BV Dairy (Blackmore Vale
Farm Cream Limited).

BV Dairy is a successful manufacturer of specialist chilled dairy products based in Dorset. It services
customers throughout England, Wales and Scotland, offering a comprehensive end-to-end solution
to customers across food manufacturing and food service, as well as offering co-manufacturing to
exciting growth markets such as the home meal solutions and gut health sectors, offering
considerable opportunities for the future.

Commenting on the announcement, Shelagh Hancock, Chief Executive of First Milk, said:

“I am delighted to complete the acquisition of BV Dairy, a successful family-owned business, which
shares many common values with First Milk – a focus on people and community, environmental
performance, exceptional quality and long-term value creation. We look forward to welcoming the
wider BV Dairy family into our First Milk family.

“The BV Dairy business has strong customer relationships and a reputation for quality and service
across food manufacture and food service. This provides a genuine extension to our business,
extending our manufacturing and market reach, offering a platform for the further growth and
development of our business.”

Farmer director and vice-chairman, Mike Smith, added:

"This purchase builds on the existing strengths of First Milk and will bring wider benefits, adding
value for our members whilst creating opportunities for our colleagues and enabling us to extend our
regenerative positioning into a broader range of dairy products and customers. This is a great step
forward as we work together to secure the future.”

Jim Highnam, Managing Director of BV Dairy, added:

“Having made the decision to sell the business, we wanted to ensure that the new owners would
provide a secure future for our customers, colleagues, farmers and suppliers. As such, I’m pleased to
finalise this transaction and see BV Dairy become part of First Milk, as both businesses share a down-
to-earth, pragmatic approach, balancing the needs of all stakeholders. I look forward to working with
our new First Milk colleagues to continue to grow and develop BV Dairy.”


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