FrieslandCampina appeals in court case in Thailand

Date: 10.06.2021Source: FrieslandCampina

On 31 May 2021, a court in Thailand issued a judgment in a business dispute between FrieslandCampina Thailand and a business-to-business client. Based on its interpretation of the contract between FrieslandCampina and this client, the court concluded that, between 2009 and 2019, FrieslandCampina had overcharged its client. Based on this judgment, FrieslandCampina should compensate its client for a total amount of Thai Baht 2.2 billion (EUR 57 million).

FrieslandCampina disagrees with the judgment and is appealing against it. This contractual relationship ended at the end of 2019. Possible consequences for FrieslandCampina’s results are being studied.

David Cox / IDM

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