Royal A-ware has announced the proposed acquisition of LaBan Foods, a move that would expand the dairy company’s product portfolio into butter specialities and support its broader strategy of diversification.

The proposed transaction would bring LaBan Foods’ specialist knowledge and distinctive butter range into Royal A-ware’s business, allowing the international family-owned company to offer a broader range of products to its customers.

Jan Anker, Chairman of the Board at Royal A-ware, said: “With LaBan Foods, we are bringing specialist knowledge and a distinctive range of butter products in-house, enabling us to serve our customers even better and more comprehensively."

For LaBan Foods, the proposed acquisition is expected to provide the scale and resources needed to support its next phase of growth.

René Laban, CEO of LaBan Foods, said: “Through the proposed acquisition, we will become part of a major international player in the dairy market, enabling us to focus more on product innovation and to grow both in terms of product range and volume."

Karel van Driel, managing director of LaBan Foods, added: “To take the next step as a company, scale is essential. Under the umbrella of Royal A-ware, we can certainly take this step.”

The acquisition remains subject to approval by the Netherlands Authority for Consumers and Markets (ACM). The proposed transaction has already been notified to the competition authority.