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Australian Regulator Approves Saputo's $1bn Acquisition of Murray Goulburn

Apr 8, 2018

Australia’s competition regulator has approved the CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canadian dairy producer Saputo. The Australian Competition & Consumer Commission (ACCC) said that it will not ...

Tags: Murray Goulburn, dairy plant

Saudi Arabia's NADEC to Acquire Al Safi Danone

Mar 27, 2018

National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...

Tags: NADEC, ASD

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

Arla Foods to Divest Stake in Brazilian Dairy Producer Vigor

Nov 7, 2017

Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...

Tags: Arla Foods, dairy

Sidel Wins FDA Approval for Aseptic Combi Blow Fill Seal Filler

Jun 16, 2017

Sidel has secured approval from the Food and Drug Administration (FDA) for its Aseptic Combi Predis FMa blow fill seal filler for low acid product manufacturing. The new blow fill seal solution is claimed to be the world's first aseptic ...

Tags: Sidel, PET filling equipment

Arla Foods Opens New Innovation Centre in Denmark

May 18, 2017

Arla Foods has opened a new innovation centre in Aarhus, Denmark where researchers are expected to create novel packaging technologies for the dairy industry. The innovation center features a dairy pilot plant, several laboratories, a ...

Tags: Arla Foods, packaging

China's Yili Plans $850m Bid for Danone's Stonyfield Yogurt Business

May 16, 2017

Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...

Tags: Yogurt, dairy

Parmalat Acquires Two US Dairy Companies

May 4, 2017

Parmalat has acquired two American dairy producers for an undisclosed price. With this transaction, the Parmalat Group acquires an important business active in the ethnic specialties segment in the United States, increasing its current ...

Tags: Parmalat, dairy producer

Lactalis to Buy Remaining Stake in Parmalat for Eur637m

Jan 6, 2017

French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...

Tags: dairy, Lactalis Group

Concerns on Infant Formula Prices with Chinese Go-Ahead to Buy Australia's Largest Dairy

Feb 29, 2016

The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...

Tags: Moon Lake Investments, Van Diemen's Land

Infant Formula Driving Record Results for A2 Milk Company

Feb 18, 2016

The A2 Milk Company today posted a record net profit of NZ$10.1 million (AUD$9.34 million) for the six months ended the 31 December 2015. The dairy producer which specialises in products made from milk that contains the A2 protein only ...

Tags: Infant Formula, A2 Milk

Coles Choice of Murray Goulburn Rattles Bega Cheese Private Label Cheese Business

Feb 5, 2016

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

Bellamy’s Expands to Meet Infant Formula Demand with Fonterra Partnership

Dec 3, 2015

Publicly-listed organic infant food producer Bellamy’s has entered into a multi-million dollar agreement with dairy producer Fonterra. The strategic agreement has been made for five years and Fonterra Oceania Managing Director ...

Tags: cheese, whey, nutritionals

Truly Irish Country Foods Enlists Distribution Experts Oakland International

Nov 3, 2015

Premium meat and dairy producer, Truly Irish Country Foods, has enlisted warehousing and distribution experts, Oakland International, to expand distribution for their premium Irish meat and dairy product range across Ireland and the UK. ...

Tags: meat, dairy, Country Foods

Australia's Entry Into Trans Pacific Partnership and What It Means for The Food Industry

Oct 15, 2015

The Trans-Pacific Partnership (TPP) has this week been finalised after negotiations began in 2010. The TPP centers on a free trade zone between 12 countries located around the Pacific rim including Australia, the US, New Zealand, ...

Tags: Trans-Pacific Partnership, Food Industry

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