date:May 17, 2012
have grown more in fewer, but larger mergers and acquisitions, the spokesman explained.
Theyve been able to make some more immediate synergies from that type of growth, whereas we have been growing very rapidly but in smaller steps mergers here, acquisitions there.
The cumulative effect of this MA activity meant that Arla Foods was now at the level where it was worth the firm conducting a group-level realignment to improve efficiency, the spokesman said.
He added: Were growing very quick