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Jardine Cycle Acquires Stake in Vietnamese Dairy Firm Vinamilk

Nov 15, 2017

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

Grupo Lala Signs Deal to Buy Vigor Alimentos for $1.84bn

Aug 8, 2017

Mexican dairy company Grupo Lala has agreed to acquire Brazil-based dairy and food firm Vigor Alimentos for BRL 5.725 bn ($1.84bn). The deal follows approval by Grupo Lala’s board of directors, with the favorable opinion of the ...

Tags: dairy company, dairy products

Grupo Lala Set to Acquire Brazilian Dairy Firm Vigor Alimentos

Aug 4, 2017

Mexican dairy company Grupo Lala is nearing an agreement to acquire Brazil-based dairy and food firm Vigor Alimentos. Grupo Lala completed the negotiation process to complete the purchase of Vigor Alimentos, including its shareholding in ...

Tags: dairy, food

FrieslandCampina Posts 16.7% Drop in Profit for H1 2016

Sep 6, 2016

The profit of Royal FrieslandCampina decreased by 16.7 percent over the first half-year 2016 to 160 million euros compared to the same period in the previous financial year. Due to the significant increase in the member dairy ...

Tags: Royal FrieslandCampina, profit

Delta Food Industries Opens $10m Dairy Plant Near Sharjah Airport

Mar 8, 2016

UAE-based Delta Food Industries has opened Dh40m ($10.89m) dairy plant in the Sharjah Airport International Free Zone (SAIF Zone). The new manufacturing plant will produce evaporated milk and cream. Delta Food Industries founder and ...

Tags: Delta Food Industries, SAIF Zone, Dairy plant

Prabhat Dairy to Allocate $27.9m to Pare Down Debt

Sep 1, 2015

India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...

Tags: condensed milk, milk powders

Alimentos Invests in Six SIG Filling Machines

Apr 10, 2015

Brazilian dairy group Quatá Alimentos has invested in six filling machines from SIG Combibloc to expand its production capacity. SIG and Quatá have been working together since 2012 when two SIG Combibloc filling machines, ...

Tags: Filling Machines, Packaging Machines

Vinamilk Has Secured Investment From The Vietnamese Govt. to Milk Factory in Cambodia

Jan 16, 2014

Vinamilk, a Vietnam-based dairy company, has secured an overseas investment certificate from the Vietnamese government to construct a milk factory in the capital of Phnom Penh, Cambodia, with an investment of $23m. The company will hold ...

Tags: dairy, Milk Facility

Meadow Foods Commences Expansion Project at Its Milk Processing

Oct 11, 2013

Meadow Foods, a UK-based dairy ingredients supplier, has commenced expansion project at its milk processing and butter production facilities in Chester, England. The expansion involves demolition of old buildings and an extension to the ...

Tags: Meadow Foods, Chester Dairy Facility

Vinamilk Is Set to Commence Construction of a Milk Factory in The Capital of Phnom Penh

Oct 8, 2013

Vinamilk, a Vietnam-based dairy company, is set to commence construction of a milk factory in the capital of Phnom Penh, Cambodia, as part of its efforts to more than double its revenues to $3bn by 2017. Set to be established through a ...

Tags: Vinamilk, Milk Facility

The Import of Philippines Q1 Dairy Drops 5.4% According to NDA Report

Sep 5, 2013

The National Dairy Authority (NDA) of Philippines has reported that the imports of milk and cream from abroad decreased 5.4% to 405,930 tons for the first quarter of 2013. The decline in imports was primarily due to increase in domestic ...

Tags: Dairy Imports, Agriculture

GCMMF Is Set to Open Inr1.6bn ($29.7m) Robotic Dairy Facility in Virar, Maharashtra, India

Jan 24, 2013

Indian Gujarat Co-operative Milk Marketing Federation (GCMMF), the marketer of the Amul brand of milk and dairy products, is set to open INR1.6bn ($29.7m) robotic dairy facility in Virar, Maharashtra, India. The Virar facility, which will ...

Tags: GCMMF, milk, dairy products

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