Fonterra has sold its Australian yoghurt and dairy dessert business to Parmalat Australia for an undisclosed sum. The sale includes Fonterra’s manufacturing facilities in the Tamar Valley (near Launceston) in Tasmania and at Echuca ...
Tags: Fonterra, yoghurt, dairy dessert, Food
New Zealand-based dairy company Fonterra Co-operative Group is selling its Australian yogurt and dairy dessert business to Parmalat Australia. In this regard, both companies entered into negotiations which resulted in signingof the ...
Arbor Investments has acquired majority equity stake in California-based DPI Specialty Foods from Ireland-based Ornua Co-operative Limited. DPI sells gourmet, organic, ethnic foods to national, regional, independent retailers, ...
Tags: Arbor, DPI Specialty Foods, dairy products
New Zealand-based dairy cooperative Fonterra’s Australian unit is investing NZD$141m ($93.9m) in the construction of a modern cheese facility at its Stanhope factory premises. The new facility will be constructed in place of the ...
New Zealand-based dairy cooperative Fonterra will sell its 50% stake in DairiConcepts to US-based cooperative Dairy Farmers of America (DFA) for NZD$196m ($126.7m) . DairiConcepts is the joint venture between Fonterra and DFA. Under ...
Fonterra has increased its forecast earnings for the 2015 financial year. The co-operative is now expecting to pay farmers $4.95-5.00 per kg of milk solids. Chairman John Wilson said performance between the 1 August – 31 October ...
Tags: Fonterra, milk pieces, Whole Milk
Food safety assurance provider AsureQuality is the first Conformity Assessment Body (CAB) in the world to be both accredited to the new FSSC22000-Q scheme, and to issue accredited FSSC22000-Q certification to a customer. First published ...
Tags: Fonterra, dairy nutrition
New Zealand dairy giant Fonterra has opened a new $37m blending and packing plant in Indonesia. Said to be Fonterra's first manufacturing facility in the country, the plant uses the company's manufacturing design standards and technology. ...
Tags: Fonterra, Packing Plant
New Zealand dairy co-operative Fonterra has inaugurated its new facility at Heerenveen in Netherlands, which is its first wholly owned and operated ingredients plant in Europe. The firm has formed a partnership with Dutch cheese ...
Tags: dairy products, animal husbandry, milk, dairy Processing
A strain of superbug MRSA has been found in pork sold in several British supermarkets, according to a Guardian investigation. The MRSA CC398 originates in animals due to excessive use of powerful antibiotics on factory farms. As part of ...
Tags: Pork Products, MRSA CC398
Vietnam is going full steam to boost its economy. After the recent decision to establish joint chamber of commerce with Germany, Vietnam has turned its attention to Italy. Italian enterprises in the garment, leather and footwear, wood and ...
Tags: Apparel, Accessories
New Zealand dairy giant Fonterra Co-operative Group has cut the current season forecast Farmgate milk price to $4.40 per kilo of milk solids (kgMS) after the increase in global commodity prices failed to meet the required expectations. ...
Tags: Fonterra, Farmgate Milk Price
French agricultural co-operative Terrena and oilseed investment firm Sofiproteol are in talks to acquire a controlling stake in poultry exporter Doux. If these talks succeed, Terrena will acquire 52.5% stake in Doux from D&P ...
Tags: Poultry Exporter, Doux, food service
Facing second contamination scare within a week, Satamaito co-operative dairy in Pori, Finland, has recalled its milk products over possible listeria contamination. Citing health risk, the company stated that it was recalling all ...
Tags: Satamaito, dairy product
New Zealands tightens marketing restrictions for infant formula The New Zealand government’s Commerce Commission has authorised the Infant Nutrition Council’s (INC) new Code of Practice incorporating restrictions on ...