Switzerland-based dairy processor Emmi has struck a deal to buy 50% stake in Mexican cheese importer Mexideli 2000 Holding to boost its revenue from overseas businesses to 50% from 43%. The financial terms of the deal have not been ...
Tags: cheese importer, Mexideli
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
Saputo, a Canada-based dairy company, has increased its takeover bid by 14% to A$449 million ($430m) to acquire an Australian dairy processor Warrnambool Cheese and Butter. The move comes after diary co-operative Murray Goulburn (MG) ...
Tags: Saputo, dairy company
Saputo, a Canada-based dairy company, has entered into a $370m deal to acquire Australia's oldest dairy processor Warrnambool Cheese and Butter, as part of its efforts to expand its presence in the Asia Pacific region. The offer has ...
Kemps, a US-based dairy processor, is set to shut its Duluth milk processing facility on 4 October, a move which will lead to 35 job losses. The company stated that the decision has been made due to declining milk production volumes and ...
Tags: Kemps, dairy processor
Gogol Mogol Group, a Russia-based dairy processor, has acquired a 40.31% stake in SIA DK Daugava, a Latvia-based dairy processor and bakery for €1.8m. The cquisition enables DK Daugava to get access to the Russian market and allows ...
French dairy group Lactalis is in negotiations to acquire Canadian dairy processor Saputo's cheese manufacturing facility in Germany for an undisclosed amount. Saputo's German facility manufactures Italian specialty cheeses for the retail ...
Tags: French dairy group, Food
Switzerland-based dairy processor Emmi has agreed to acquire Kaserei Studer, a cheese producer based in Amriswil, eastern Switzerland, for an undisclosed amount. The acquisition is part of Emmi's strategy to strengthen its position as a ...
Tags: Dairy Processor, Kaserei Studer
Canadian dairy processor Saputo has announced that it will close its cheese manufacturing facility in Warwick, Québec, a move which will put approximately 100 jobs at risk. Saputo noted that this decision is aimed at improving ...
Tags: dairy processor, Saputo, Cheese
Marks and Spencer has raised the price it pays farmers for milk under its Milk Pledge+ payment model, which is linked to the cost of production. The company will increase milk payments by 1.322ppl, effective today (1 February). The move ...
Tags: milk, milk payments, dairy processor
Switzerland-based dairy processor Emmi has acquired a 70% stake in the AVH Dairy Trade, a Netherlands-based goat and sheep milk products manufacturer, for an undisclosed amount. The move is a part of Emmi's efforts to reinforce its ...
Tags: Switzerland, dairy processor, Emmi, stake, AVH Dairy Trade
Dutch dairy giant FrieslandCampina has entered into a joint venture with French dairy processor Bongrain to sell branded cheese products in France. The joint venture,which will take effect from 1 January,will have"limited ...
Tags: dairy, FrieslandCampina, joint venture, Bongrain
Japanese conglomerate Mitsubishi has invested in Australian dairy ingredients supplier Tasmanian Dairy Products. The company has acquired 24% of Tasmanian Dairy Products from the firm's largest shareholder Murray Goulburn, the Australian ...
Tags: Mitsubishi, dairy ingredient, dairy industry, dairy products
The UK's largest dairy processor Dairy Crest has made a full-year net loss after incurring impairment charges at its dairies business. For the 12 months to the end of March, Dairy Crest made a pre-tax loss of GBP10.1m (US$5.8m) compared ...
Tags: Costs, Profits, dairies business
Dairy Crest has said it is "on track" to up the price it pays farmers for milk after postponing plans to cut prices amid the fierce protests this summer. The UK dairy processor, which owns brands including Cathedral City cheese and ...
Tags: Milk Price, voluntary code, legal approval