Friesland­Campina to integrate its European retail activities

NETHERLANDS – FrieslandCampina has announced its intention to combine the European retail activities of the business groups Europe and Retail & Americas, effective 1 January 2027, subject to the relevant employee participation procedures.

The intended integration would bring together branded and private label activities in Europe to better serve customers and strengthen the company’s category approach.

Jan Derck van Karnebeek, CEO of Royal FrieslandCampina N.V.: “With this step, we aim to organise our European activities in a simpler and more customer-centric way. By bringing our retail activities closer together, we can better serve customers, respond faster to market opportunities and make better use of our scale and expertise, while continuing to create value from member milk.”

Americas to Middle East, Pakistan & Africa

FrieslandCampina also intends to transfer operating company Americas from business group Retail & Americas to business group Middle East, Pakistan & Africa with effect from 1 January 2027. This would create the business group Middle East, Pakistan, Africa & Americas.

Structure and leadership

As a result of the intended changes, FrieslandCampina would move from seven to six business groups.

The two adjusted business groups would be: Europe, led by Dustin Woodward, currently President Europe and Middle East, Pakistan, Africa & Americas, led by Tuncay Özgüner, currently President Retail & Americas.

Ali Khan, currently President Middle East, Pakistan & Africa, has decided to retire. FrieslandCampina thanks him for his dedication, leadership and contribution and wishes him all the best in his retirement.

The company reported US$15.33 billion (13.4 billion euros) revenue in FY2025, despite challenging market conditions in the second half of the year.

In a declining dairy market in Europe, market share was gained through innovation, cooperation with retailers and a focus on strategic brands.

Partly due to cost savings initiated in 2023 targeting general and supply chain costs (SG&A), the 2025 results held up well.

The net cash flow from operating activities was US$703.5 million (615 million euros). This decrease is mainly driven by working capital normalising in 2025 compared to the low level at the end of 2024.

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