Fonterra, a dairy co-operative in New Zealand, has increased its stake to 9.06% in Australian dairy firm Bega Cheese. The co-operative said in a statement to the Australian Securities Exchange that it has purchased an additional three ...
Tags: Fonterra, Bega Cheese
Chinese raw milk producer YuanShengTai Dairy Farm (YST) has raised $425m through initial public offering (IPO) in Hong Kong. Headquartered in Qiqihar, China, YST produces and sells premium raw milk to dairy products manufacturers, ...
Tags: Yuanshengtai Dairy
Italian dairy firm Parmalat is in negotiations to takeover Australian beverage and dairy products maker Harvey Fresh in a more than A$100m ($94m) deal. Headquartered in Western Australia, Harvey Fresh produces and markets fruit juices and ...
Tags: Harvey Fresh, dairy firm
Murray Goulburn Co-operative (MG) and Bega Cheese have revised their takeover offers for Warrnambool Cheese & Butter (WCB). As per the terms, MG offered to pay A$9 per share of WCB, valuing the Victorian dairy firm at A$505m. Bega ...
Tags: Murray Goulburn, Food
Fonterra, a dairy co-operative in New Zealand, has purchased a 6% stake in Australian dairy firm Bega Cheese for A$46m. As per the deal, the New Zealand co-operative purchased 9.3 million shares at AUD4.95 per share. Fonterra CEO Theo ...
Tags: Fonterra, Bega Cheese
India-based dairy products producer Amul has partnered with brand strategy and design firm DY Works to revamp the design and packaging of Amul Kool Lassi. Under the partnership, Amul wishes to swap the traditional design with a new PET ...
Tags: dairy products, Amul
Danone is set to acquire 49% stake in Fan Milk, a frozen dairy products and juices manufacturer in West Africa. The French dairy firm will join Dubai private equity firm Abraaj to acquire Fan Milk in a $360m deal, reported the Financial ...
Tags: Danone, Dairy Fan Milk
Lala, a Mexican dairy producer, has charted out plans to expand its presence outside of Mexico, Central America and abroad, following a $1bn initial public offering (IPO) this week. The IPO transaction was headed by JPMorgan Chase, while ...
Tags: Dairy Firm, IPO transaction
Netherlands-based dairy firm FrieslandCampina, German food packaging manufacturer Südpack and Oman-based PET resin and sheet producer Octal have developed a new packaging product for cheese. Made with direct-to-sheet PET (DPET), the ...
Tags: Cheese Packaging, dairy firm
Valio, a Finnish dairy firm, has selected Neste Jacobs to provide production optimization at its whey powder facility with the latter's advanced process control (APC) technology. As per the deal, Neste Jacobs will implement the ...
Grupo Lala, a Mexican dairy company, is set to raise $863m through an initial public offering (IPO) this month to strengthen its operations and prepay bank loans. The company is offering 444 million shares in an offering that is ...
Tags: Dairy Grupo, Lala
Fonterra, a New Zealand-based dairy firm, is stepping towards the launch of its own branded milk formula in China, following the recent allegations that its products contained botulism-causing bacteria. Fonterra CEO Theo Spierings was ...
Tags: Fonterra, Milk Formula
Grupo Lala, a Mexican dairy company, has announced plans to launch an initial public offering (IPO) to strengthen its distribution operations and prepay bank loans. The company also plans to use the proceeds to pursue acquisition of ...
Tags: Dairy Grupo, IPO
Chinese dairy firm Liaoning Huishan Dairy is seeking to raise $1bn through initial public offering (IPO) in Hong Kong to increase its herd and improve milk yields. The milk producer is firming up plans to launch pre-deal marketing work on ...
Tags: Liaoning Huishan Dairy, Food
Italian dairy firm Parmalat is in exclusive negotiations to acquire a stake in Brazil dairy group Lacteos do Brasil (LBR) for an undisclosed amount. LBR is a manufacturer of a wide range of dairy products including fresh milk, milk ...
Tags: dairy firm, Food