Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
Tate & Lyle, a global provider of speciality food ingredients and solutions, has unveiled plans to more than double capacity of its non-GMO MALTOSWEET Maltodextrin product line at its facility located in Boleraz, Slovakia. This major ...
Tags: Tate&Lyle, speciality food
Family-owned dairy business Kyvalley Dairy Group has acquired Murray Goulburn’s Kiewa Country brand along with the processing and packing equipment for an undisclosed sum. The Kyabram-based company purchased the brand and several ...
Tags: packing equipment, milk processing
Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
Tags: Reckitt Benckiser, infant formula
UK consumers goods company Reckitt Benckiser is weighing strategic options for its food business to help pay down debt after its planned $16.6bn purchase of Mead Johnson. The company is mulling over all options for the food business, ...
Tags: Reckitt Benckiser, Food Business
US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
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
Swiss infant nutrition company Hochdorf has entered into an agreement to acquire a majority stake in Pharmalys Laboratories and Pharmalys Tunisia. Under the purchase agreement, Hochdorf will buy 51% stake in both the companies. Besides, ...
Tags: infant nutrition, Hochdorf
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
Ausnutria Dairy has formed a joint venture with New Zealand based Westland to produce and sell dairy based powder products, including infant milk powder. Through the joint venture named Pure Nutrition, the companies will set up a new ...
Tags: Ausnutria Dairy, Westland, dairy based powder products
Aptar Food + Beverage was selected by Nestle Professional to develop a new premium flip top closure for the redesign of its packaging for the Nescafe out of home portfolio. Nestle Professional’s new, premium metal tin features a ...
New Zealand-based Synlait Milk and Sydney-headquartered a2 Milk Company (A2MC) have jointly announced a new supply agreement for the production of an infant formula. The new agreement is for a minimum term of five years for the production ...
Tags: Synlait Milk, A2MC, supply agreement
Perrigo Company has announced that it has reached an agreement to sell its US vitamins, minerals and supplements (VMS) business to International Vitamin Corporation (IVC) for undisclosed sum. The transaction is expected to be completed by ...
Tags: VMS, Perrigo Company
Perrigo has secured approval from the US Food and Drug Administration to launch three milk-based, store brand non-GMO infant formulas. The company has already started shipments to its retail customers. Several branded, non-GMO formula ...
Tags: three milk-based, non-GMO formula, baby
The A2 Milk Company has revised its expected profits for the 12 months ended 30 June 2016. It now expects its revenue to be between NZ $350 million – $360 million. It also expects its earnings before interest, taxes, depreciation ...
Tags: A2 Milk, infant formula