Two multinationals have already invested in Indian dairy this year, with January still in play. By such a measure it would appear that the subcontinent market is an attractive place, but foreign majors still have their work cut out for them.
Aspen Pharmacare Holdings Limited, a global pharmaceutical company based in South Africa, has announced today, in conjunction with the announcement of its annual results for the year ended June 30, 2018, that it has concluded an agreement to divest of...
Dairy price recovery in 2017 has positively affected the combined turnover of the top 20 companies, which, in 2017, was up 7.2% on the year in US dollar terms, according to RaboResearch’s latest report, ‘Global Dairy Top 20 – A Shuffling of the Deck Chairs.’
French Members of Parliament tasked with investigating the failings that contributed to the Salmonella outbreak traced to Lactalis infant formula in 2017 have made a raft of suggestions that could see the country introduce stricter food safety checks.
Icelandic-style yogurt maker siggi’s has launched an online portal to serve as a digital resource for the nutrition community, covering topics ranging from full-fat dairy to gut health.
The producer, supermarkets, public authorities and laboratories have ‘failed the consumer’ in the Lactalis infant formula contamination scandal, according to foodwatch.
Yogurt brand Stonyfield Organic has been criticized by public health organizations like CSPI (Center for Science in the Public Interest) for its recent YouTube marketing video featuring children attempting to define GMO ingredients.
At least 10 more children have been infected by Salmonella from Lactalis infant milk products, according to a group representing families of those affected.
Most batches of potentially contaminated infant formula have not passed their expiry date and may still be available, according to the European Centre for Disease Prevention and Control (ECDC) and European Food Safety Authority (EFSA).
Grupo Lala has completed the sale of a 50% stake in Itambé, which belonged to Vigor Alimentos, to the Cooperativa Central dos Produtores Rurais de Minas Gerais Ltda (CCPR) for US$216m (R$700m).
International nonprofit GRAIN has revealed that the world’s top 10 dairy companies emitted roughly 231Mt (million tons) of CO2 in 2016, the equivalent of half of France’s total GHG footprint and a quarter of the emissions emitted by Germany.
The European Commission has announced it has approved, under the European Merger Regulation, the indirect acquisition of the German-based dairy company Omira by French dairy group Lactalis.
French dairy company Danone has entered into a binding agreement with fellow-French company Lactalis to sell Stonyfield, one of its US dairy subsidiaries, for a purchase price of $875m.
Latest data from Euromonitor International shows the global probiotics market is worth about €40bn, yoghurt continues to be the dominant mode of delivery although probiotic supplements are growing fastest.
New research from Euromonitor shows continued economic and political instability in the world’s biggest economies is dramatically affecting the global performance of dairy, with what initially appears to be a 9% decline in retail value sales in 2015,...
Dairy market specialist Proteus Insight says that by the end of 2015, consumption of UHT white milk in Sub-Saharan Africa increased at an average annual rate of 22% since 2013.
Groupe Lactalis has signed a power purchase agreement for the installation of a Combined Heat and Power (CHP) system from BasePower at The Caledonian Cheese Company in Stranraer, Scotland.
The European Bank for Reconstruction and Development (EBRD) has approved the funding of a long-term loan of up to €15m ($16.8m) to FoodMaster, Kazakhstan’s biggest dairy.
A leading probiotics academic has called for EFSA to be “disbanded” saying that the effect of the EU’s central food science agency’s treatment of probiotic claims has been “confusion in Europe”, and that the EU could learn from the Canadian approach to...
Probiotic players must engage the so-called millennial generation if they are to avoid being jostled out of the health yoghurt aisle, says Euromonitor International.
Nestlé took the top spot and Lactalis unseated its French rival Danone to take second place in the Rabobank Global Dairy Top 20. Can you guess how the likes of Yili, Fonterra, Arla Foods and Dairy Farmers of America (DFA) finished?
Autorité de la Concurrence (the French Competition Authority) has slapped members of a private label dairy cartel with fines totalling €192.7m (US$205m).
Eleven dairies, including Danone, Nestlé and Lactalis, have been fined nearly €90m for allegedly colluding on the price paid to Spanish farmers for raw milk.
Parmalat has agreed to acquire Consorzio Cooperativo Latterie Friulane for around €11.5m (US$13.7m) in the hope of reversing the regional Italian dairy's recent downturn.
