Australia’s competition regulator has approved the CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canadian dairy producer Saputo. The Australian Competition & Consumer Commission (ACCC) said that it will not ...
Tags: Murray Goulburn, dairy plant
Australia’s competition regulator has raised concerns about a proposed CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canada’s Saputo, saying that the transaction would lead to lower prices being paid to ...
Muller 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 ...
US-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
Irish nutrition company Glanbia has agreed to acquire US-based health-based snacks maker thinkThin for $217m in cash. thinkThin offers a variety of protein snack bars for consumers seeking convenient, delicious yet wholesome snacks. ...
Ireland-based nutrition company Glanbia and its joint venture partners in Southwest Cheese are planning a $140m expansion of cheese production plant in Clovis, New Mexico. The expansion is intended to increase milk processing capacity by ...
India’s Amul dairy brand maker Gujarat Cooperative Milk Marketing Federation (GCMMF) is set to introduce new lactose-free milk in the country in a month. Amul lactose-free milk is claimed to be the first of its type to be launched ...
Tags: GCMMF, Amul dairy, lactose-free milk
India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...
Tags: condensed milk, milk powders
New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet China’s growing demand for infant formula. Fonterra ...
Tags: Fonterra, Infant Food
IFC, a member of the World Bank Group, is providing a $15 million loan to dairy company Parag Milk Foods for expanding its milk processing facilities, to enhance dairy farm productivity and boost incomes in rural India. With IFC's ...
Tags: Dairy Farmers, Parag
Zambeef Products, a Zambia-based meat products company, has opened a dairy processing plant in Chisamba. The $2.5m facility is set to raise the company's milk processing capacity from 35,000 liters per day to 100,000, while creating 1,000 ...
Tags: Agriculture, Food
India-based Vaishno Devi Dairy Products plans to invest INR1.05bn ($17.65m) to expand its milk processing capacity three times by 2014-15. The project includes expansion of processing capacity at the company's existing facility near Pune ...
Tags: Dairy Products, Food
Tritent Int'l Agriculture (TRIAGRA), a Pennsylvania-based company registered to conduct business in the states of Iowa and Illinois, has started the construction of an infant formula plant in Cascade, Iowa. TRIAGRA president Nathaniel ...
Tags: Triagra, Infant Formula Plant, Iowa
Dairygold Co-Operative, Ireland’s leading farmer owned dairy business, plans to invest EUR120m over the next eight years to boost its milk processing capacity. Currently, the co-operative processes 29 million liters of milk per ...
Tags: Dairygold Co-Operative, Milk Processing Capacity, investment
Tritent Int'l Agriculture,a company based in Pennsylvania,US,has initiated the construction of an infant formula plant in Cascade,Iowa. The 20,000ft2 plant will have a daily milk processing capacity of 100 tons and will source milk from ...
Tags: infant formula plant, milk processing capacity, acquire