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Dairy firm
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Brexit, Commodities Force Arla Foods to Launch Cost-Cutting Plan
Apr 24, 2018European dairy giant Arla Foods has initiated an internal transformation program in an effort to realize more than €400m of savings by the end of 2020. The program, dubbed Calcium, seeks to strengthen the company's performance to the ...
Tags: Brexit, Arla Foods
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RPC Bebo Develops Multilayer Pot for French Dairy Firm Le Petit Basque
Dec 11, 2017Thermoformed packaging manufacturer RPC Bebo Bouxwiller has developed a multilayer pot for French dairy company Le Petit Basque’s new range of sheep’s milk specialities. RPC has provided a new packaging solution for Douceur de ...
Tags: Thermoformed packaging, dairy
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Jardine Cycle Acquires Stake in Vietnamese Dairy Firm Vinamilk
Nov 15, 2017Singapore-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
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Saputo to Acquire Australian Dairy Firm Murray Goulburn for $1bn
Oct 31, 2017Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
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Grupo Lala Set to Acquire Brazilian Dairy Firm Vigor Alimentos
Aug 4, 2017Mexican 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 ...
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Tonicorp Inaugurates New Dairy Production Facility in Guayaquil, Ecuador
Jul 4, 2017Ecuadorian dairy firm Tonicorp has opened a new dairy production plant in Guayaquil. The inauguration ceremony was chaired by the President of Ecuador, Lenín Moreno, together with directors of Arca Continental and The Coca-Cola ...
Tags: dairy, dairy Facility
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Almarai Expands Schneider Electric Deployment
May 31, 2017Dairy firm Almarai has added real-time intelligence to more than 100 packaging lines to increase performance. The company expanded its Schneider Electric deployment as part of a Smart Manufacturing initiative by implementing Line ...
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China's Yili Plans $850m Bid for Danone's Stonyfield Yogurt Business
May 16, 2017Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...
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Italian Dairy Firm Selects Elopak's Carbon Neutral Cartons
Apr 10, 2017Italian dairy firm Centrale del Latte d’Italia has selected Elopak’s carbon neutral cartons for its fresh milk products. The dairy firm has introduced its fresh milk products from regional brands Latte Tigullio and Tappoross ...
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Mead Johnson to Buy Bega Cheese's Spray Drying and Finishing Capabilities in Australia
Mar 1, 2017US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
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Muller Confirms €60m Restructuring Plans for Dairy Network in Britain
Jan 16, 2017Muller Milk & Ingredients has confirmed that it will go ahead with plans to invest £60m to upgrade its network of fresh milk and ingredients dairies in Britain. The dairy network upgrade is expected to create nearly 160 jobs. As ...
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Verka's New Dairy and Ice Cream Plant Begins Operations in Punjab, India
Jan 6, 2017Indian dairy firm Verka has commenced operations at its new dairy and ice cream plant built with an investment of INR320m ($4.7m) in Punjab state. Dubbed as the Verka Bathinda Dairy and located in Bathinda, the dairy and ice cream unit ...
Tags: Ice Cream
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Vietnam's Vinamilk Receives Stake Purchase Bids From Two Overseas Firms
Dec 16, 2016Vietnam’s state investment firm has received offers from two foreign for stake purchase in the country’s dairy firm Vinamilk. The two firms will buy a combined 78.38 million shares in the company, according to a statement from ...
Tags: dairy firm, Vinamilk
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Schreiber Dynamix Launches Second Packaging Facility in India
Jul 19, 2016India based food contract packer Schreiber Dynamix Dairies (SDDPL) has launched a second aseptic food processing and packaging facility at Fazilka in the state of Punjab, with an investment of Rs1bn ($14.8m). Launched in International ...
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KKR to Invest INR520 Crore in Indian Dairy Firm Kwality
Jul 16, 2016US-based private equity firm KKR has committed to invest INR520 crore in India’s dairy company Kwality to support is growth plans. Kwality will utilise the funds for capital expenditure purposes to further strengthen its milk ...
Tags: INR520 Crore, private equity