Dairy Crest retains milk-supply deal at Sainsbury

FTSE 250 dairy foods company Dairy Crest has managed to keep hold of its contract to supply milk to supermarket giant Sainsbury for another three years, the company said on Tuesday morning.

FTSE 250 dairy foods company Dairy Crest has managed to keep hold of its contract to supply milk to supermarket giant Sainsbury for another three years, the company said on Tuesday morning.

The news came as the company announced a "reorganisation" to consolidate into a single structure, aimed at savings at least £5.0m per annum in costs. The firm revealed a "refresh" of its senior management team, which included the departure of its long-running Finance Director Alastair Murray.

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