Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Oman’s Mazoon Dairy, which is coming up in the Buraimi governorate with an investment of OMR100m ($260m), is slated to become operational in the latter half of 2018. The dairy company has secured a site at Al Sunaynah, located in ...
Tags: Mazoon Dairy, dairy
German based food technology company GEA has bagged a contract valued in mid double-digit millions of euros to establish a nutritional powders plant in New Zealand for Mataura Valley Milk. The plant, which will come up at McNab, near Gore ...
Tags: Nutritional Powders Plant, GEA
India based HR Food Processing, the owner of Osam Dairy, has raised INR450m ($6.6m) in a new funding round to expand its milk production capacities. Lok Capital and existing investor Aavishkaar led the Series B funding round, reported The ...
Tags: HR Food Processing, Osam Dairy
The Canadian government will inject a $350m into the country's dairy sector to support its competitiveness ahead of the likely implementation of the Canada–European Union Comprehensive Economic and Trade Agreement (CETA). Investment ...
Tags: dairy sector, robotic milker
Vitalus Nutrition and Gay Lea Foods have entered into a joint venture to invest in a new dairy processing plant in Manitoba, Canada. The companies will process dairy ingredients and butter at the plant in Winnipeg, Manitoba. The joint ...
Tags: Vitalus Nutrition, Gay Lea Foods, dairy
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
Muller Milk & Ingredients is planning to invest £15m in the next three years in Scottish fresh milk dairy at Bellshill as part of its strategic review of Scottish dairies. The investment is intended to improve operational ...
Tags: Muller&Ingredients, Investment, Fresh Milk Dairy, Bellshill
French dairy processing company Saputo is planning to close three manufacturing facilities in Canada located in Sydney (Nova Scotia), Princeville (Québec) and Ottawa (Ontario). The plant closures are expected to take place in ...
Tags: Saputo, Manufacturing Plants
Victorian-based dairy processing giant Murray Goulburn dairy co-operative will be replacing Bega Cheese as Coles’ private label cheese supplier from January 2017. Bega Cheese has been providing cheese sold under Coles private label ...
Tags: dairy processing, Cheese
Swiss dairy processing company Emmi is to purchase 60% stake in Dutch goat cheese maker Bettinehoeve in order to bolster its growth prospects in the fresh goat‘s milk and cheese segments. Following the completion of transaction, ...
Tags: goat milk products, cheeses
UK-based dairy processing company Dairy Crest has acquired the remaining 50% shares in Promovita Ingredients Limited held by Fayrefield Foods Limited for £6m cash. Promovita was established as 50:50 joint venture between Dairy Crest ...
Tags: Dairy Crest, Promovita, Agriculture
Lakeland Dairies has opened a €10m logistics facility at its foodservice dairy processing complex in Newtownards, County Down, Northern Ireland. The new centre features advanced technology, robotic systems, 14,000 individual pallet ...
Tags: food ingredient, Lakeland Dairies
World Bank is working to expand the reach of Kyrgyzstan’s dairy products to global markets by addressing key challenges in the industry, as part of its new initiative. The Dairy Sector Development Program has been launched by the ...
Tags: dairy products, World Bank
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