Cheese division of DFOB sold

Lubborn Cheese Limited was part of the Dairy Farmers of Britain co-operative, but was not placed into receivership on 3 June along with the rest of the co-operative. This allowed the PwC corporate finance team to continue with the sale process for that part of the business. The Lubborn Creamery, in Cricket St. Thomas, south Somerset, sells Somerset Brie, Somerset Camembert and Capricorn goat's cheese ranges. The deal also represents an opportunity for local DFOB farmer members to continue to supply milk to the plant they have loyally supported in recent years. Lactalis McLelland are keen to continue the plant's excellent relationship with these farmers and offer ongoing supply contracts for their milk. David Kelly, receiver and manager of Dairy Farmers of Britain Limited, said: "We are pleased to secure such a strong buyer for the Lubborn Creamery, which will ensure the continued employment of workers at the site and the opportunity for DFB farmers to continue supplying the plant they have helped build up. "Lactalis McLelland were an obvious acquirer of the Lubborn business and emerged as the most credible buyer following a carefully managed process run by our corporate finance team over a number of months. We hope they continue to build on the success of the Lubborn business in the future."