Murray Goulburn, an Australian diary co-operative, has launched a A$420m ($404m) bid to acquire Warrnambool Cheese and Butter (WCB), following Canada's Saputo C$378m bid earlier this month. The proposal would create one of the largest ...
Tags: Murray Goulburn, Cheese, Butter
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
SurePure has entered into an agreement with Milk Independent of Stellenbosch, South Africa, for the distribution of its photopurification technology in the dairy sector across sub-Saharan Africa. This announcement comes after the approval ...
Fonterra has temporarily suspended its consumer operations in Sri Lanka after it faced allegations that some of its milk products were contaminated. The protests comes after claims by the Sri Lankan authorities that some of Fonterra's ...
Tags: Fonterra, milk products
Dairy giant Fonterra has temporarily closed its operations in Sri Lanka, including its plants and office, due to the unstable situation in the country. This move of the company is to protect its people and farmer shareholders' assets from ...
The product, which is already on sale in selected Tesco, Morrisons, and Sainsbury’s stores, is intended to replace ingredients like crème fraiche, mascarpone, soft cheese and cream to make them healthier. Parker ...
Tags: Parker Williams, Dairy Ingredient
Dairy technology firm Waikato Milking Systems is establishing a new complex known as Northgate in the Waikato business park, Hamilton with an investment of NZ$12m ($9.71m). The two-building complex will bring together the company's ...
Tags: Milking Systems, Dairy Technology
The Punjab State Cooperative Milk Producers’ Federation (MilkFed), the marketer of the Verka brand of dairy products, is set to establish four milk processing facilities in Punjab, India, with an investment of INR10bn ($179.5m). ...
COFCO, the state-owned food company in China, has signed an agreement with Danone, under which the two parties will establish a joint venture. As part of the agreement, COFCO will sell 148,014,022 shares in China Mengniu to the ...
Tags: COFCO, Danone, Dairy Products
China Mengniu Dairy has agreed to acquire 26.92% stake in China's unpasteurized milk producer Modern Dairy from Advanced Dairy and Crystal Dairy, in a deal estimated to be worth HKD3.18bn ($410m). Under the terms of the deal, Mengniu ...
Tags: Mengniu Dairy, Modern Dairy
India-based public conglomerate ITC is set to foray into dairy business with the launch of a range of dairy products over the next 14 months. The move is part of an integrated animal husbandry program, the firm's corporate social ...
Tags: ITC, dairy sector, dairy products
UK firm Dairy Crest has announced it is reorganising its business to focus on "consumer-driven growth" and to build an "integrated" supply chain. The move reflects the increasingly "more focused" and "less complex" nature of Dairy Crest's ...
London-listed Ukrainian dairy firm Ukrproduct said it is expecting an "encouraging" improvement in performance year-on-year when it releases its full-year earnings figures in April. The company said today (31 January) it expects sales and ...
Tags: dairy firm, dairy sector, cheese exports
New Zealand-based multinational dairy co-operative Fonterra has opened a solar powered milk chilling center in Hanwella, Sri Lanka. The chilling facility features 32 solar panels with a 3.24 kW capacity and is expected to conserve about ...
New Zealand dairy giant Fonterra has opened Sri Lanka's first solar powered milk chilling centre. The Hanwella-based facility, which officially opened this week, has been designed to conserve around 22,000 kW per year. The centre, which ...
Tags: Fonterra, solar power milk, dairy giant