China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
China Mengniu Dairy is set to launch a new organic milk brand, which will be imported from Denmark. The company stated that the new brand of milk will be supplied by Swedo-Danish cooperative Arla Foods and will be marketed under Arla ...
Tags: Mengniu Dairy, Organic Milk Brand
China Mengniu Dairy has agreed to acquire 26.92% stake in China's unpasteurized milk producer Modern Dairy from Advanced Dairy and Crystal Dairy, in a deal estimated to be worth HKD3.18bn ($410m). Under the terms of the deal, Mengniu ...
Tags: Mengniu Dairy, Modern Dairy
Viili (Finnish viili, Swedish fil) is a type of yogurt (a mesophilic fermented milk) that originated in the Nordic countries. It has a ropey, gelatinous consistency and a pleasantly mild taste resulting from lactic acid. This cultured milk ...
Tags: Dairy Product, Viili
Dairy Crest has bought specialist milk business Proper Welsh Milk out of administration, saving 40 jobs. Proper acquisition: Dairy Crest has bought specialist milk business Proper Welsh Milk, saving 40 jobs The business and assets ...
Tags: Dairy Crest, Milk Firm, Jobs
Winning Sainsbury’s liquid milk contract has put Dairy Crest on track to reach its dairies division target of 3% operating profit margin, according to City analyst Panmure Gordon. Dairy Crest is on track to deliver 2.8% operating ...
Tags: liquid milk contract, Dairy Crest, dairies
A three-year contract to supply liquid milk to Sainsbury has been won by Dairy Crest after a competitive tender. Dairy Crest has retained its contract, which will run into 2017, to supply the retail giant. The firm said that while the ...
Tags: liquid milk, Sainsbury, Dairy Crest
India-based Moksha Yug Access (MYA) has unveiled a new milk brand, MILK ROUTE. MILKROUTE brand will feature liquid milk product range including pasteurized toned milk, UHT toned milk and UHT low fat milk in various packing options. This ...
Tags: Moksha Yug Access, milk brand, MILK ROUTE
Production staff at Dairy Crest's Fenstanton plant in Cambridgeshire are expected to clock off for the last time today (Friday, January 11), in line with its plans announced last April to close the site with the loss of 248 jobs. Dairy ...
Tags: Dairy Crest, Cambridgeshire, clock off, milk processing
Switzerland-based dairy processor Emmi has acquired a 70% stake in the AVH Dairy Trade, a Netherlands-based goat and sheep milk products manufacturer, for an undisclosed amount. The move is a part of Emmi's efforts to reinforce its ...
Tags: Switzerland, dairy processor, Emmi, stake, AVH Dairy Trade
Emmi has continued to see its share price rise after another acquisition deal to improve the Swiss dairy giant's presence in key international markets. This week, Emmi announced it has acquired 70% of Netherlands-based AVH Dairy Trade, ...
Tags: dairy giant, dairy, Dairy Trade, milk products, cheese
FDT Consulting Engineers & Project Managers (FDT) and Koch Membrane Systems (KMS) have been presented with a Green Apple award at the Palace of Westminster, London, UK. FDT won the Gold Award and nominated Koch Membrane Systems as ...
Tags: Green Apple award, Membrane System, membrane filtration
FDT Consulting Engineers & Project Managers (FDT) and Koch Membrane Systems (KMS) have been presented with a Green Apple award at the Palace of Westminster, London, UK. FDT won the Gold Award and nominated Koch Membrane Systems as ...
Tags: Environment award, water reuse projects, green company, Recovery, Reuse
Wyke Farms has increased the price it pays farmers for milk by 5ppl and issued a stark warning to the rest of the industry that if they fail to follow suit the UK could be facing milk shortages this winter. Wyke, the UK's largest ...
Tags: Wyke Farms, milk, milk farmer, milk shortage
The National Farmers Union (NFU) has blasted UK milk supplier Robert Wiseman Dairies for hitting farmers with a "catastrophic" cut in milk prices. Muller Group-owned Wiseman last week announced a 1.7ppl reduction to the price it pays ...
Tags: NFU, Robert Wiseman, milk price cut