German Dairy Giant Buys UK’s Biggest Milk Supplier

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German Dairy Giant Buys UK’s Biggest Milk Supplier

German dairy company Müller Group bought Robert Wiseman Dairies, Britain’s largest supplier of fresh milk, for almost €338 million (us$428 million), the two firms announced on Monday.

“The boards of Müller and Robert Wiseman Dairies plc are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by Müller Dairy UK Limited for the entire issued and to be issued ordinary share capital of Wiseman,” the two sides said in an official statement.

The Glasgow-based Robert Wiseman Dairies operates seven separate dairies across Britain and employs 5,000 Britons. In 2010, it supplied around one third of the UK’s fresh milk, and had a turnover of more than €1 billion (us$1.27 billion). More than half of the company’s shareholders have already accepted the offer from Germany’s 116-year-old Müller Group.

Two of the primary end-time trends Bible prophecy foretells are the decline of Anglo-America and the rise of a German-led European empire. Müller Group’s acquisition of the UK’s largest milk supplier advances the fulfillment of both of these foundational prophecies. To understand more, read He Was Right.