PETALING JAYA: Dutch Lady Milk Industries Bhd is acquiring a 35% stake in Jemaluang Dairy Valley Sdn Bhd (JDV), a Johor-based integrated dairy business, as it seeks to strengthen its presence in Malaysia’s fresh milk segment.
The proposed acquisition from Kulim (Malaysia) Bhd will make Dutch Lady Malaysia a shareholder in JDV alongside Kulim, a wholly owned subsidiary of Johor Corporation (JCorp), and A2 Fresh Holdings Sdn Bhd, a subsidiary of Rhone Ma Holdings Bhd.
Dutch Lady Malaysia said the investment forms part of its long-term growth strategy to deepen its participation in the domestic fresh milk market and reinforce its commitment to the country’s dairy industry.
The partnership will combine JDV’s established dairy farming and fresh milk production capabilities with Dutch Lady’s consumer insights, established brands and commercial strengths, alongside the global dairy expertise of its parent company, FrieslandCampina.
