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French dairy
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Saudi Arabia's NADEC to Acquire Al Safi Danone
Mar 27, 2018National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
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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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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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Danone Puts Stonyfield up for Sale to Complete Whitewave Acquisition
Apr 5, 2017Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
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Azelis Expands African Reach with New Office in Ivory Coast
Jan 10, 2017Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
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Lactalis to Buy Remaining Stake in Parmalat for Eur637m
Jan 6, 2017French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...
Tags: dairy, Lactalis Group
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Bel to Acquire Majority Stake in Healthy Snack Maker MOM Group
Oct 26, 2016French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
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Fromageries Bel to Acquire Healthy Snack Maker MOM Group
Aug 3, 2016French dairy giant The Bel Group has agreed to engage in exclusive negotiations to acquire a majority stake in fruit snacks and dessert maker MOM Group. Owned by a private equity LBO France, the MOM Group has significant presence in the ...
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Danone to Buy Whitewave Foods for $12.5bn in All-Cash Deal
Jul 12, 2016French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
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French Cheese Board Unveils First Concept Store for Cheese in The US
May 26, 2016The French Cheese Board (FCB), the umbrella organization for the French dairy products, is opening the first concept store for cheese in the US. At the intersection of food, design and culture, this first-of-its-kind venture opened its ...
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Saputo To Close Three Manufacturing Plants In Canada
Mar 28, 2016French dairy processing company Saputo is planning to close three manufacturing facilities in Canada located in Sydney (Nova Scotia), Princeville (Québec) and Ottawa (Ontario). The plant closures are expected to take place in ...
Tags: Saputo, Manufacturing Plants
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Danone to Launch Indian Dessert ‘Mishti Doi’ in Europe
Dec 10, 2015French dairy company Danone is planning to introduce Indian dessert 'Mishti Doi' or sweet yogurt in the European market. Danone is piloting a project to launch the Indian dairy products in a few international markets. Currently, the ...
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Brazilian Regulators Approve Lactalis to Buy BRF's Dairy Units
Apr 24, 2015French dairy group Lactalis has got approval from Brazilian antitrust authority to purchase the dairy units of food processor BRF SA in a deal worth $594m. Lactalis will execute the deal through its Parmalat subsidiary in Brazil. ...
Tags: dairy group, Lactalis, Dairy
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Russian Minister's Accusation of Dairy Products Was Refuted by Danone
Dec 2, 2014French dairy major Danone has objected to Russian agriculture minister's charges of adulteration of its dairy products. Russian Agriculture Minister Nikolai Fyodorov said that Danone and Wimm-Bill Dann, which is controlled by PepsiCo, ...
Tags: dairy, Danone, Agriculture
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Lactalis International Has Offered to Buy The Egypt-Based Dairy Firm Arab Dairy
Nov 21, 2014French dairy producer Lactalis International has offered to buy the Egypt-based dairy firm Arab Dairy for LE66 ($9.20) per share. This new offer marks the highest price for share compared to the other potential buyers including Saudi ...
Tags: Arab Dairy, Acquisition Offer, Agriculture
