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Article: Clover and Dairy Crest to save pounds 25m by knowing which side bread is buttered.
- Article from:
- The Birmingham Post (England)
- Article date:
- February 19, 2000
- Author:
CopyrightCOPYRIGHT 2000 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The firm that brought us Clover is teaming with the group that created Utterly Butterly in a pounds 220 million deal.
Dairy Crest is merging with Unigate's dairy and cheese operations. The two sides believe they can slash pounds 25 million from their combined costs from 2003.
There will initially be one-off cash costs of around pounds 30 million - largely for plant closures and job cuts - and capital ...