China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
Al Safi Danone Iraq will receive around $18m in investment from World Bank Group member IFC to expand its dairy operations to enhance domestic food security. This is a part of World Bank Group's strategy to encourage South-South ...
Tags: Al Safi Danone Iraq, food security
New York-based private investment firm Kohlberg Kravis Roberts (KKR) has divested its entire stake in China Modern Dairy, for around $80m. The company sold 168 million shares at HK$3.70 ($0.47) per share. China Modern Dairy is an ...
Tags: Modern Dairy, Food
Even the best medicine has side effects. For years, dairy producers have been selectively breeding their herds to encourage milk production. New insights have confirmed, though, that such efforts to satisfy society's demand for milk, cheese ...
Tags: Agriculture, Food
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
Dairy Crest has bought specialist milk business Proper Welsh Milk out of administration, saving 40 jobs. Proper acquisition: Dairy Crest has bought specialist milk business Proper Welsh Milk, saving 40 jobs The business and assets ...
Tags: Dairy Crest, Milk Firm, Jobs
UK-based Dairy Crest has acquired the business and assets of a small specialist milk business Proper Welsh Milk from its administrators BDO for 325,000 Euro. Created in 2011, Proper Welsh Milk employs around 40 people and supplies local ...
Tags: Dairy Crest, Welsh Milk, Milk
China Mengniu Dairy is in talks to acquire China Modern Dairy, a leading raw milk supplier in China, in order to gain better control over its milk supply. China's state-owned COFCO and US-based private-equity firm KKR - the largest ...
Tags: leading raw milk supplier, better control, milk supply