Dairy products maker Saputo has acquired the fluid milk business of Scotsburn Co-Operative Services for $61m. Scotsburn Co-Operative offers fluid milk, cream, sour cream, ice cream mix and cottage cheese, primarily under the Scotsburn ...
Tags: Milk, Agriculture, Food, Dairy
Major Western Australian dairy processor and fruit juice manufacturer Harvey Fresh has been sold to Italian dairy group Parmalat for about $117 million. Parmalat's Australian subsidiary is one of Australia's major manufacturers of dairy ...
Tags: Agriculture, Food, dairy products, milk, yoghurt
Dairy products maker Saputo will close four of its facilities in Canada and the US, as part of efforts to improve its operational efficiency. The move is a part of the company's review of its overall activities to pursue additional ...
February 24, 2014 Sophie Langley Australian-based dairy businesses have coped differently with 'difficult' market conditions Food and beverage company Lion has announced its Dairy and Drinks business experienced “significant ...
Tags: Bega, Lion Dairy, WCB, RTD
Canadian dairy giant Saputo has closed its unconditional all-cash takeover offer for Warrnambool Cheese and Butter (WCB) and now holds 87.92% share in the Australian firm. The company stated that going forward it will work closely with ...
Tags: Saputo, Unconditional Takeover
January 29, 2014 How might Lion's next moves affect the Australian dairy industry Food and beverage company Lion has announced that it does not currently intend to sell its shareholding in Victorian dairy company Warrnambool Cheese and ...
Tags: WCB, Lion, Japan K.K, Warrnambool Cheese
United Dairy Power, an Australian milk supplier, is in talks with Origo Partners, a Beijing-based private equity firm, over a sale of the company for about $70m. Established in 1999, United Dairy operates two factories at Jervois and ...
Tags: Dairy, milk supplier
Murray Goulburn Co-operative Co. Limited (MG) today announced that as a result of Saputo Inc (Saputo) acquiring a controlling interest in Warrnambool Cheese and Butter Factory Company Holdings Limited (WCB), it intends to seek the consent ...
New South Wales-based dairy company Bega Cheese Limited (Bega) has announced its intention to sell its 18.8 per cent shareholding in Warrnambool Cheese and Butter (WCB) to Canadian dairy company Saputo. The move makes a Saputo takeover of ...
Tags: interest grows, Sell WCB Shares
Canadian dairy products maker Saputo has signed an agreement to acquire the fluid milk business of Scotsburn Co-Operative Services for $61m to expand its presence in Atlantic Canada. Scotsburn Fluid Milk Business operates two processing ...
Tags: Milk Business, Food
Australian dairy cooperative Bega Cheese plans to sell its 18.8% share in Warrnambool Cheese and Butter (WCB) to Canadian dairy firm Saputo. Bega will receive between $94.7m to $101m, based on Saputo's relevant interest at the close of ...
Tags: Bega Cheese, Agriculture
January 15, 2014 Sophie Langley Mundella Foods has been acquired by China-based Bright Food Group China’ Bright Food Group Co Ltd (Bright Food) has agreed to buy Western Australian dairy company Mundella Foods, expanding the ...
Tags: Bright Future, Mundella Food, Wa Cheese, international interest
Interest in Victorian dairy company Warrnambool Cheese and Butter (WCB) has attracted a new potential bidder, according to media reports. There is speculation that Chinese state-owned China Investment Corporation is interested in WCB and ...
Tags: Agriculture, Food
Canadian dairy products maker Saputo has increased its offer price for all issued shares of Australian cheese maker Warrnambool and further extended the offer period to 10 January 2014. The latest offer price will be A$9.20 in the event ...
Tags: dairy products, Food
Murray Goulburn Co-operative (MG) and Bega Cheese have revised their takeover offers for Warrnambool Cheese & Butter (WCB). As per the terms, MG offered to pay A$9 per share of WCB, valuing the Victorian dairy firm at A$505m. Bega ...
Tags: Murray Goulburn, Food