Royal FrieslandCampina and Danube Foods Group End Talks on Acquisition of Imlek and Mlekara Subotica

On 2 February 2012 Royal FrieslandCampina and Danube Foods Group, owned by Salford Capital Partners, announced that they had signed a Memorandum of Understanding regarding Royal FrieslandCampina’s intended acquisition of Imlek and Mlekara Subotica, two dairy companies in the Western Balkans. The parties were unable to reach agreement on the terms of the transaction and have therefore agreed to end the talks. Royal FrieslandCampina will continue searching for opportunities to enable the company to achieve its route2020 strategy, which is designed to result in sustainable growth.