China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, 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
China-based dairy company Yashili has opened a $220m infant formula manufacturing factory in Pokeno in New Zealand through Yashili New Zealand, which is a joint venture between Yashili International Holdings and Mengniu Dairy Co. ...
Tags: Yashili, Infant Formula
Packaging products successfully - for SIG Combibloc, that means offering carton packs and filling machines that enable customers from the food and beverage industry to manufacture their products reliably and efficiently, and at the same ...
Tags: Packaging products, SIG Combibloc, filling machines, carton packs
Arla Foods is integrating its markets in China and South East Asia in a new regional market called Business Unit Asia. The regional office will be placed in Kuala Lumpur, Malaysia, as of March 1st 2015. Asia is vital to Arla's ambitions ...
Tags: dairy export, Agriculture
Brands from the Asia-Pacific region have emerged as major players in the global packaged food industry over the last decade, according to market research organisation Euromonitor International. Euromonitor has released its 2014 list of ...
Tags: Asia-Pacific region, Food Brands
French dairy major Danone has agreed to invest €437m in Chinese infant formula producer Yashili, in a move to acquire 25% stake. The investment is said to form a part of the company's strategy to expand its footprint in China. ...
Tags: Yashili, Mengniu Dairy, Danone, Agriculture
French dairy major Danone has agreed to acquire 25% stake in Chinese infant formula producer Yashili for €437m. The move forms a part of the company's strategy to expand its footprint in China. Under the agreed terms, China ...
New York-based private investment firm Kohlberg Kravis Roberts (KKR) has divested its entire stake in China Modern Dairy, for around $80m. The company sold 168 million shares at HK$3.70 ($0.47) per share. China Modern Dairy is an ...
Tags: Modern Dairy, Food
Swedish-Danish cooperative Arla Foods plans to build a new innovation lab in Beijing, China, to develop cheeses and other dairy products to suit the Chinese market. The new innovation lab will be established in the China-Denmark Milk ...
Tags: Agriculture, Food, dairy products
China-based dairy company Mengniu has increased the production of its Tetra Prisma Aseptic portion packs with Tetra Pak A3/ Speed filling machine. Tetra Pak claims that its filling machine runs at a speed of 24,000 packs per hour and ...
Tags: Carton Packs, Tetra Pak, Filling Machine
The Tetra Pak A3/ Speed filling machine for Tetra Prisma Aseptic portion packs was deployed at the dairy producer after following a successful field test in 2012. Running at a speed of 24,000 packs per hour, or approximately seven packs ...
Tags: Packaging, Printing, Filling Machine, Dairy Packaging, carton packages
Food packaging and processing company Tetra Pak has announced the launch of a new shape for its Tetra Brik Aseptic carton packaging, offering brand differentiation opportunities. The new version, which has two crystal shaped panels on the ...
Tags: Tetra Pak, Carton Packaging
French dairy major Danone has agreed to increase its holding in Chinese dairy firm Mengniu from 4% to 9.9%, with an investment of €486m. The company, along with COFCO Dairy Investments, signed a deal to subscribe a reserved rights ...
Tags: Danone, Mengniu, increase holding
Chinese consumers can expect higher dairy prices in December because of a shrinking supply of raw milk from the country's fragmented milk farms. Most domestic dairy companies put up prices last week, ranging from five to 20 percent. This ...
Tags: Milk Powder, Dairy Products