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
Dairy products supplier Arla Foods has set up a new sales and packaging facility in Accra, Ghana. Arla, owned by 11,200 farmers, is planning to expand its business in Sub-Saharan Africa by selling its products including powdered milk ...
Tags: Dairy products, Packaging
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
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 ...
Premium Ingredients has recently launched Premilac XLY-15049, a new stabilizer based on dairy protein for the production of Greek style yogurt and Petit-suisse. This stabilizer has been developed by the Premium Ingredients Formulation ...
Tags: dairy protein, Premium Ingredients
Cronobacter, also known as Enterobacter, is an opportunistic pathogenic bacteria responsible for food borne illness. Cronobacter is able to survive in desiccated states for extended periods of time, which means that it can be a problem in ...
Tags: Cronobacter, Food born illness, Infant
Nestle Vietnam has begun construction of a new nutrition manufacturing facility with an investment of $70m at the Thang Long Industrial Park II in Hung Yen province. The new plant, which is being constructed on a 10 hectare area, will ...
Tags: Nestle Vietnam, New nutrition manufacturing facility, Investment
Swiss food company Nestle is planning to invest over €25m for expansion of its research and development center in Askeaton, Ireland. The expanded facility will be located at Nestle's current plant in Askeaton. The facility ...
Tags: Nestle, Investment, Expansion, R&D
Arla has floated two joint ventures in Nigeria and Senegal in Africa, as part of its strategy to extend its network outside the European Union. The company has tied up with local partners - Tolaram in Nigeria and Attieh Group in Senegal - ...
Tags: Arla, Dairy Products, powdered milk products
Global dairy company and co-operative Arla is planning to increase its business in sub-Saharan Africa over the next two years, through sales of powdered milk and UHT milk. The company intends to increase its annual revenues of around ...
Tags: powdered milk, UHT milk, Agriculture
Fonterra has officially opened its NZ$126 million UHT greenfield plant in Waitoa, New Zealand. The plant features state-of-the-art Tetra Pak processing and packaging equipment which will produce a range of products including UHT white milk ...
Tags: Tetra Pak, UHT Production
Lead scare causes Heinz recall of infant cereal products in China US-based food manufacturer H.J. Heinz Co. (Heinz) has said it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food ...
Anytime a product recall is quickly associated with illnesses it's never good. But for Fonterra, the world's largest dairy processor, the need in the last week to recall 8,700 bottles of cream for E. coli contamination could not have come ...
Tags: Agriculture, Food, Milk, Milk Powder
Germany-based Weidenhammer Packaging Group (WPG) has agreed to acquire AR Packaging Group's (AR) subsidiaries A&R Carton Lund and Flextrus in Sweden. Under the deal, WPG will acquire AR's sites at Lund and Halmstad, as well as in ...
Tags: WPG, AR, subsidiary, Sweden
The widening gap between milk demand and supply will lead to a shortage totaling about 15 to 20 percent of China's market value in 2017, or 66 billion yuan ($10.75 billion), a report has said. Driven by increasing consumption and deeper ...
Tags: Milk Market, Milk Demand