Canada-based Agropur Cooperative has signed an agreement with Agrifoods to acquire Ultima Foods. Ultima Foods was a 50-50 joint venture by two of Canada’s leading cooperatives; Agrifoods and Agropur. With more than 40 years of ...
Tags: Ultima Foods, Agropur
Chinese 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 ...
New Zealand-based dairy company Fonterra Co-operative Group is selling its Australian yogurt and dairy dessert business to Parmalat Australia. In this regard, both companies entered into negotiations which resulted in signingof the ...
General Mills is set to re-introduce four of its seasonal Fall flavours under its Yoplait yogurt brand. Original Apple Crisp, Light Pumpkin Pie, Greek 100 Caramel Apple and Greek 100 Whips! Pumpkin Cheesecake will be made available at ...
Tags: General Mills, Yoplait Brand, fridge pack
General Mills today reported results for the third quarter of fiscal 2014. Sales and operating profit for the 13 weeks ended Feb. 23, 2014, reflect lower volumes, consistent with generally weak food industry trends during this period; the ...
General Mills said today that it continues to expect adjusted diluted earnings per share (EPS) for the fiscal year ending May 25, 2014, to total between $2.87 and $2.90 per share. Adjusted diluted EPS excludes mark-to-market valuation ...
Tags: grain, food, Agriculture
Fonterra, a dairy co-operative in New Zealand, has increased its stake to 9.06% in Australian dairy firm Bega Cheese. The co-operative said in a statement to the Australian Securities Exchange that it has purchased an additional three ...
Tags: Fonterra, Bega Cheese
Dannon, a subsidiary of French food company Groupe Danone and a leading yogurt producer in the US, is using IBM cloud-based predictive analytics to ensure the delivery of the correct product mix at the right time to satifsy customers in the ...
Tags: Dannon, Yogurt Business
US food giant General Mills is to launch around 40 yoghurt products in the US this year. Yoplait USA has lined up a range of new lines like Yoplait Greek 100,Yoplait Simplait,Yoplait Fruplait,Mountain High All Natural Yogurt,and ...
Tags: yoghurt, niche product, booming market