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Muller Milk & Ingredients is planning to invest £15m in its Bellshill Dairy in North Lanarkshire over the next three years, but close dairies in Aberdeen and East Kilbride.
Muller is to create 50 new jobs at its dairy product factories in Telford and Minsterley.
Muller is to invest a further £5m at its dairy processing plant in Telford next year, as part of a £45m investment across the group.
Muller Dairy has acquired Nom Dairy UK, the Telford-based yogurt maker with annual sales of £43m, for undisclosed terms.
Muller is to build a £17m butter production plant in Market Drayton by autumn 2013, with the creation of up to 100 jobs.
Muller Dairy has won permission from Shropshire Council to expand its dairy production facility in Market Drayton onto an adjacent site, with the creation of up to 300 jobs.
Muller has secured an endorsement from a government planning inspector to double the size of its desserts factory in Market Drayton, with the creation of at least 300 new jobs over the next five years.
Muller Dairy has announced plans to double the size of its dairy factory in Market Drayton with the creation of 250 jobs, and has only just completed work on a £24m extension.