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
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
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
Australian-based Beston Global Food Company has revealed it has acquired milk producer United Dairy Power from the receivers. The South Australian based United Dairy Power which was an aggregator of milk suppliers across Victoria and ...
Tags: Dairy Power, milk
Fonterra enters partnership with Chinese infant formula manufacturer New Zealand-based dairy giant Fonterra has confirmed that it has acquired an 18.8 per cent share in leading Chinese infant formula manufacturer, Beingmate Baby & ...
The free trade agreement (FTA) to be signed by Australia and China is expected to provide the former's dairy farmers tariff-free access to the latter's infant formula market over the next four years. Australian Government sources were ...
Tags: dairy farmers tariff-free, infant formula market, Agriculture
Chinese President Xi Jinping. Australian exporters are set to benefit from an historic trade agreement signed between Australia and its largest trading partner, China. This deal, which took nine years of negotiation, represents a victory ...
Tags: PTA, Australian exporters, agriculture
New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet China’s growing demand for infant formula. Fonterra ...
Tags: Fonterra, Infant Food
Fonterra plans to acquire 20% stake in one of China's biggest milk processors, Beingmate, to form a global partnership with a total investment of $615m, which would help meet China's growing demand for infant formula. The partnership ...
UK-based dairy foods company Dairy Crest has entered into a strategic agreement with New Zealand-based dairy co-operative Fonterra to sell demineralised whey powder. Under the agreement, Fonterra will market and sell two Dairy Crest ...
Tags: Agriculture, Food, dairy foods
The Ministry of Industry and Information Technology (MIIT) of China has prepared a draft and submitted it to the country’s top officials to consolidate domestic infant formula manufacturers as part of its efforts to boost consumption ...
Tags: Milk Powder, infant formula
Westland Milk Products, a New Zealand-based dairy co-operative, has entered into infant formula market in China with the launch of its Westpro Nutrition infant nutrition range in Shanghai. The move forms part of the company's strategy to ...
Tags: Milk, Infant Formula Market
A2, a New Zealand-based dairy company, is set to introduce its new infant formula – a2 Platinum – in China as part of plans to tap the growing demand for New Zealand products in the country a2 Platinum will be initially rolled ...
Tags: Infant Formula Market, A2 Platinum
Mexico's competition watchdog Cofeco has said that it has accepted a proposal by Nestlé to sell Pfizer’s baby food business in Mexico, in order to ensure that Pfizer's formula brands remain as an independent and viable ...
Arla Foods has announced a deal to supply Chinese infant formula company Biosteme. The Nordic dairy giant will supply powder to Biosteme from a facility in Denmark for ten years. The deal could also see both companies finance upgrade work ...
Tags: baby milk, dairy giant, premium infant nutrition market