US dairy company Dean Foods has swung to a profit of$36.44m in the third quarter of 2012,compared to a loss of$1.55bn in 2011,when the company incurred a$1.9bn goodwill impairment charge related to its Fresh Dairy Direct segment. Net ...
Tags: profit, net sales, quarter results
Glanbia, an Ireland-based food group, is in negotiations with its majority shareholder Glanbia Co-operative Society, to sell 60% stake in its Irish dairy processing business, Dairy Ingredients Ireland, through a joint venture. According ...
Tags: food group, dairy processing business, a joint venture
Dairygold Co-Operative, Ireland’s leading farmer owned dairy business, plans to invest EUR120m over the next eight years to boost its milk processing capacity. Currently, the co-operative processes 29 million liters of milk per ...
Tags: Dairygold Co-Operative, Milk Processing Capacity, investment
US dairy firm Land O'Lakes has recorded a drop in first-half earnings as the company continued to face economic challenges and "volatile" markets. In the six-month period, net earnings fell 21.5% to US$6.9bn, the company reported today ...
Tags: dairy firm, net earnings, fell, excess milk supplies
Dairy Crest has received a binding offer for its French branded spread business St Hubert from Montagu Private Equity. Montagu,one of the firms originally reported to have shown an interest in acquiring the firm,is offering a ...
Tags: debt, St Hubert, acquisition, shareholders