Joint venture with New Zealand firm
Robert Wiseman Dairies is hoping to bring a new milk product to the UK next year.
The East Kilbride company is investing £2 million in a joint venture with New Zealand business A2 Corporation.
The a2 milk is selected to only produce A2 beta-casein protein while most fresh milk in the UK contains A1 and A2 beta-casein proteins..
In Australia, where a2 has been on sale for several years, some people with self-diagnosed milk intolerance find the product helps improve their symptoms.
Wiseman said: "We will invest up to £2 million in a joint venture with A2C to develop a range of a2 Milk products for launch in Summer 2012, with a view to adding new value in the market for fresh milk in Britain."
The company also announced half-year results where pre-tax profits fell from £20.2m to £11.8m.
Turnover in the six months to October 1 increased 1.1 per cent to £457.7m with the interim dividend flat at 5.75p.
Robert Wiseman, executive chairman, said: "We continue to build on our reputation as Britain's fresh milk professionals.
"Our network of dairies and depots allows the best quality fresh liquid milk products to be produced and delivered in the most efficient and sustainable manner possible.
"As well as closely managing our costs, we have invested in projects to assist the future growth of the business and the re-building of margins."