The largest independent dairy in the North East, Lanchester Dairies, is under new ownership after the company's entire shareholding was acquired by two of its four founders, Billy and Julie Austin.
The Austins are now sole shareholders of the dairy, based in Lanchester, Co Durham, after buying out co-owners Geoff and Sandra Austin, with whom they founded the dairy business as a diversification from the family dairy farm in 1992.
The dairy business now buys and processes in more than 20m litres of milk annually from local farmers in Durham and the Tyne Valley. It has 64 staff and a £14m turnover, supplying milkmen, shops, supermarkets, food manufacturers, cafes, pubs, restaurants and nursing homes.
The dairy is also the Asda hub in the North East, supplying local products to the supermarket's stores.