UK dairy processors and farmers have formally agreed a deal on a code of practice to govern relations in the sector. A tentative"heads of agreement"on a voluntary code of practice was agreed in July after talks with the UK government.The ...
UK-based Dairy Crest has completed the divestment of its French branded spreads business St Hubert to Montagu Private Equity in an all-cash deal of EUR430m. In July 2012,Dairy Crest entered into an agreement to divest its French branded ...
Tags: all-cash deal, divestment, spreads business, dairy
UK-based Dairy Crest has cleared the final hurdle in the divestment of its French branded spreads business St Hubert to Montagu Private Equity,with its shareholders approving the€430m deal. The company has also received clearance of ...
Tags: hurdle, shareholders, strategic acquisitions
UK dairy farmers this week gathered at a summit in London to air their views on recent cuts in prices to liquid milk and the implications of the cuts. In the US, PepsiCo and Müller made the much-anticipated launch of their yoghurt ...
Tags: dairy, liquid milk, yoghurt, PepsiCo, dairy farmers
UK dairy processor Dairy Crest is the latest firm to announce a cut to its farmgate milk price. The company announced a 1.65ppl cut this morning(3 July)for those on a standard liquid agreement.The cut will take effect from 1 August. ...
Arla Foods revealed 250 jobs could be cut as it drives efficiency and tries to keep pace with its international competitors - and admitted more could be made. The race to buy frozen food giant Iglo Group also continued to make the headlines ...
Tags: Arla Foods, revealed revealed jobs, frozen food, pork, food labels
Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla ...
Tags: food, Bright Food, milk, dairy, investment, chilled soup