page_title: Saputo Dairy UK
section_title: Sale of milk business
hierarchical_section_title: Saputo Dairy UK / History / Sale of milk business
caption_attribution_description: English: A Dairy Crest Smith's Elizabethan milk float. A Dairy Crest Smiths Elizabethan electric Milk float for use of delivering fresh milk to peoples doorsteps. A Dairy Crest Smiths Milk Float. English: A en:Dairy Crest en:Smith Electric Vehicles elizabethan en:milk float.
context_page_description: Saputo Dairy UK Limited is a holding company for Dairy Crest Limited; a leading British dairy products company. It was created in May 2019, when the Canadian company Saputo Inc bought out Dairy Crest. Dairy Crest itself was created in 1981, as a spin off of the Milk Marketing Board. Its brands include Saputo Dairy UK, Cathedral City Cheddar cheese, Country Life butter, Utterly Butterly, Vitalite and Clover.
  Dairy Crest processed and sold milk and owned the milkshake brand Frijj until the sale of this part of the business to Germany's Müller in December 2015. The company was listed on the London Stock Exchange as Dairy Crest plc, until it was acquired by Saputo in April 2019. Saputo rebranded the company under its own name later that year.
context_section_description: In July 2013, Dairy Crest sold its doorstep milk delivery operations in the Northwest of England to Creamline Dairies, who now operate the milk rounds from the depots in Warrington, Flixton, Stockport and Macclesfield, and Mortons, operate all those in Wirral, Chester and Liverpool. On 6 November 2014, Dairy Crest announced a big slump in profits, down 95% to £900,000 in the six months to September. 
  The company agreed the sale of its entire legacy milk business, which processes and distributes milk, as well as the milkshake brand of Frijj, to Germany's Müller for £80 million, to be combined with Müller's existing subsidiary Müller Wiseman Dairies. The sale was approved by the Competition and Markets Authority on 19 October 2015, and the sale was completed on 26 December 2015.
caption: A Dairy Crest Smith's Elizabethan milk float (2008)
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