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Danone quiet on Indian milk buy talks
23-Jan-2008 - Danone yesterday remained tight lipped over the possibility of making an imminent acquisition into India's high growth dairy market, as part of the company's longstanding expansion aims for the country.
UK cooperative opts out of dairy production
11-Jan-2008 - Dairy Crest and the East of England Co-operative Society are in discussions over the sale of the latter's dairy operations as it struggles to meet the growing costs of development and processing in the industry.
Glanbia predicts positive year as milk markets evolve
08-Jan-2008 - Glanbia expects to report a positive performance for 2007 driven largely by its food ingredients, global nutrition businesses, and increased demand for dairy products on the global scence.
Briefs: Danone, Parmalat and Bulgarian farmer woes
04-Jan-2008 - With the festive period sadly done and dusted, DairyReporter.com takes a look at some of the major happenings over the christmas period.
Friesland, Campina talk merger; CEO stands down
19-Dec-2007 - Friesland Foods and Campina revealed today that exploratory talks are underway to merge into a global dairy giant - and Campina CEO Justin Sanders is standing down "to give the talks more chance for success".
Further joint venture upheaval for Danone
19-Dec-2007 - Danone says it has terminated another Chinese joint venture, this time with local dairy group Mengiu, due to a lack of progress in the collaboration.
EBRD plans Ukrainian dairy investment
18-Dec-2007 - The European Bank for Reconstruction and Development (EBRD) is looking to tap growing potential in the Ukrainian dairy sector with a planned acquisition of a 17.5 per cent stake in one of the country's largest processing plants.
Chr Hansen strengthens probiotics with Medipharm buy
18-Dec-2007 - Chr Hansen has signed a conditional agreement to buy Swedish Arla Foods' subsidiary Medipharm, a deal which will strengthen the Danish firm's probiotic activities.
Wimm-Bill-Dann profits despite dairy cost crunch
18-Dec-2007 - Russian group Wimm-Bill-Dann posted a 40.4 per cent increase in sales to $1.75bn (€1.2bn) during the nine months of its current financial year, on the back of a strong performance from both its dairy and infant nutrition brands.
Emmi expects dairy turnaround in 2008
11-Dec-2007 - Dairy group Emmi says it remains in line to achieve its full-year objectives despite falling short of earnings targets and expects greater stability in both milk prices and it owns operations in the year ahead.
Court rules against Danone in Wahaha battle
10-Dec-2007 - Danone's right to the trademarks of joint venture partner Wahaha have been terminated after it lost an arbitration battle in a Chinese court, the group said today.
UK dairy groups admit price fixing role
07-Dec-2007 - A number of UK-based retailers and dairy processors have admitted involvement in alleged dairy price fixing for powdered milk, butter and cheese, resulting in combined fines of about £116m (€161m).
Long term fears over New Zealand dairy costs
05-Dec-2007 - New Zealand farmers continue to step up milk production following a bumper year for their exports, though the country's long-term status as a low cost dairy producer could be under threat, according to the US Department of Agriculture (USDA).
Nestle, Vivartia fined in Greek milk price probe
05-Dec-2007 - European dairy giants Nestle and Vivartia are among a number of companies facing fines imposed by the Greek competition authority for allegedly fixing dairy prices in the country, press reports have said.
Nutritek announces dairy divestment for profit push
03-Dec-2007 - Nutritek, a leading Russia-based manufacturer of infant nutrition products, is selling off its dairy and agro business operations in the country to focus on functional baby food production in Asia and Eastern Europe.
Diversified dairy market leaves room for manoeuvre
30-Nov-2007 - Danone was the world's leading producer of dairy products in 2006, accounting for 5.1 per cent of total global sales, narrowly ahead of multinational rivals Nestle and Kraft Foods, says market analyst Euromonitor.
First Milk mulls cheese and whey plan
29-Nov-2007 - First Milk, a leading UK dairy cooperative, announced that the company is considering developing its production facilities for higher value dairy goods.
Parmalat boosts sales 5.4 per cent on rising demand
16-Nov-2007 - Italy-based Parmalat, one of the world's largest dairy companies, yesterday reported a 5.4 per cent increase in sales boosted by rising demand for its products in the nine months ended 30 September.
Fonterra considers flotation
15-Nov-2007 - Fonterra is initiating a two-year consultation to adopt a preferred capital structure that could see it split in two and listing on the New Zealand Stock Exchange, to better take advantage of growth opportunities.
Organic milk profits on health claims
13-Nov-2007 - Sales of organic milk within the UK are up by about 11 per cent to 200m litres a year, boosted by studies linking the product with a number of health benefits, a leading dairy processor claims.
Robert Wiseman boosts turnover 12 per cent
13-Nov-2007 - Helped by a global shortage of raw milk, Robert Wiseman Dairies beat back increased input costs to raise margins and boost turnover by 12.2 per cent for the six months ended 29 September.
Buoyant baby market fills Numico's coffers
08-Nov-2007 - Baby food sales are up for Numico by more than 10 per cent - but product prices will be bumped up to offset rising costs.
Unilever sells Boursin to Le Groupe Bel
08-Nov-2007 - Unilever has sold the soft cheese brand Boursin to Le Groupe Bel for €400m as part of its plan to shed peripheral brands and re-ignite its top line growth.
Kirin targets dairy for global expansion
08-Nov-2007 - Japan-based brewer Kirin is branching out from its core beverage lines into health and nutrition with the acquisition of one of the Asia and Oceania region's leading dairy companies.
Arla benefits from UK dairy boom
07-Nov-2007 - The UK division of dairy cooperative Arla Foods is expected to exceed last year's record earnings, the company said this week, in announcing the group was doubling its profit forecast for next year to DKK600m (€80m).
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