FrieslandCampina Engro Pakistan Limited (KASE:FCEPL) signed a framework agreement to acquire Milcobel CV on December 18, 2024. The aim is to finalise a detailed merger proposal in the first half of 2025. The proposed merger is subject to approval by FrieslandCampina?s Members?
Council, Milcobel?s Extraordinary Meeting of Shareholders, and antitrust authorities. Member dairy farmers, employees, works councils and trade unions have been informed about the merger proposal. Constantijn Voogt and Bart de Rijke of De Brauw Blackstone Westbroek London B.V. acted as legal advisor to FrieslandCampina Engro Pakistan Limited.