The transaction remains subject to customary closing conditions, including regulatory approval.
The plant currently collects milk from more than 1,200 Romanian farmers, and this new hall is intended to align production capacity with the growing local milk supply.
This decision allows the Foundation to formally participate in the case as it seeks to enforce Magnum’s contractual obligations and protect its independence.
It contains no artificial colours, aligning with the growing demand for healthier, cleaner-label food options.
A month after issuing a profit warning, the New Zealand dairy and infant-formula business confirmed it had entered the red in the six months to the end of January.