22 Oct 2025

"European Commission Approves Cross-Border Merger of Milcobel and FrieslandCampina"

"On October 22, 2025, the European Commission approved the merger of dairy cooperatives Milcobel and Zuivelcoöperatie FrieslandCampina. Deloitte Legal advised Milcobel on the transaction, which aims to create a robust international dairy organization. The merger will unite around 16,000 member dairy farmers from Belgium, the Netherlands, Germany, and Northern France, operating in 30 countries and employing nearly 22,000 staff. The integration is expected to enhance market opportunities and operational efficiencies in key segments like consumer cheese and milk powder."

On 22 October 2025, the European Commission officially approved the cross-border merger between the dairy cooperatives Milcobel and Zuivelcoöperatie FrieslandCampina, with Deloitte Legal advising Milcobel throughout the transaction. This merger represents a significant step towards establishing an international and future-oriented dairy organization capable of navigating the global dairy market. The resulting entity will be owned by approximately 16,000 member dairy farmers across Belgium, the Netherlands, Germany, and Northern France, operating in 30 countries and employing nearly 22,000 staff worldwide. The transaction is expected to create opportunities in key market segments, including consumer cheese, mozzarella, and ingredients such as milk powder, while also yielding considerable operational efficiencies and synergies across the supply chain. The legal team from Deloitte Legal involved in this transaction includes the following lawyers: - David Roelens (Corporate and M&A) - Kristof Maresceau (Corporate and M&A) - Véronique Van Eessel (Corporate and M&A) - Sébastien Dieleman (Corporate and M&A) - Richard Steppe (EU & Competition) - Elise Verdingh (EU & Competition) - Julie Pinte (EU & Competition) - Gisèle Deboutte (EU & Competition) - Glenn Verstraelen (Global Business Tax) - Stijn Louwagie (Global Business Tax) - Seppe Heijens (Global Business Tax)
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