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News > Manufacturers

Dairy Crest bears £36M costs as profits nose dive

Dairy Crest bore £36.3M of costs in the past year, which dragged pre-tax profits down significantly for the business, while revenue also fell.

Arla Foods agrees to form joint venture with Egypt's largest dairy

Arla Foods and Egypt's largest dairy Juhayna Food Industries have agreed to form a joint venture to sell Arla products in the country.

Aussie dairy Lion opens 'largest specialty cheese facility in the Southern hemisphere'

Australian food and beverage firm Lion has opened what it claims is now the largest specialty cheese manufacturing facility in the Southern hemisphere.

Fonterra's impact on New Zealand dairy industry competition to be investigated

The New Zealand Commerce Commission is to investigate Fonterra's impact on competition in the country's dairy sector.

News in brief

Fonterra doubles grated mozzarella cheese production with plant expansion

Fonterra has completed construction of a new plant at is Clandeboye site - an investment that doubles its production of individual quick frozen (IQF) grated mozzarella. 

Nestlé Carnation milk plant in drought-hit California to go 'zero-water'

Amid scrutiny over its water bottling operations in drought-hit California, Nestlé is spending $7m (€6.1m) to recycle wastewater at its Carnation Evaporated Milk plant in the Golden State.

Lithuanian dairy Rokiškio lends brand name to Russian firm to 'maintain recognition'

Lithuanian dairy Rokiškio has licensed its trademark to a Russian dairy in an effort to "maintain recognition...until the political issues are solved."

WhiteWave Foods raises outlook on strength of strong sales, innovative launches

Premium organic packaged food manufacturer WhiteWave Foods raised its guidance for 2015 following strong first quarter sales driven by innovative line extensions and recent product launches. 

No plan to 'migrate away' from regional milk brands: Dean Foods

US dairy giant Dean Foods does not plan to "migrate away" from its regional fresh milk brands despite the launch of its national banner, DairyPure.

Murray Goulburn dairy farmer owners back plans for AU$500m IPO

Murray Goulburn shareholders have voted in favour of listing the dairy cooperative on the Australian Securities Exchange (ASX).

Outlook positive after Heinz Kendal factory sale

Prospects seem positive for workers at Heinz’s baby food factory in Kendal, Cumbria, which has been sold to Kendal Nutricare for an undisclosed sum.

Lactalis set to enter thriving Turkish dairy sector through Ak Gida deal

French dairy giant Lactalis has agreed to acquire an 80% stake in Turkish dairy Ak Gida for an undisclosed amount. 

Anchor launch puts organic milk 'in reach of more New Zealanders': Fonterra

Fonterra hopes to put organic milk "in reach of more New Zealanders" with the nationwide launch of Anchor Organic.

Vietnamese dairy Vinamilk in talks to acquire European operations: Reports

Vietnamese dairy giant Vinamilk is in talks to acquire dairy operations in Europe, according to reports from the South East Asian country.

Dean Foods brings US regional milk brands under DairyPure banner

Dean Foods has brought its 31 regional fresh milk brands under a single banner in a bid to increase its US market share.

Forte Gelato repositioned as a decadent dessert in pint-sized packages

The maker of Forte Gelato hopes to expand its consumer base beyond health-conscious shoppers, recovering patients and athletes to reach the mainstream consumer by repackaging its high-protein, low-fat dessert into...

First Milk turnaround could mean 70 job cuts

Up to 70 jobs could go at dairy co-operative First Milk as the business restructures after struggling with cash flow issues.

'It’s ambitious yet achievable': Irish dairy Ornua sets 2020 €3bn sales target

With European Union (EU) milk quotas abolished, Irish dairy cooperative Ornua expects revenue to rise to €3bn by 2020.

Fonterra slashes 2014/15 milk price forecast for fourth time

Fonterra has slashed its farm gate milk price (FGMP) forecast for the 2014/15 season for the fourth time since May 2014.

EYE ON EMERGING MARKETS

Activia and ISIS: Al Safi Danone lays out dairy ambition in conflict-ridden Iraq

Islamic State (ISIS) attacks have disrupted Al Safi Danone Iraq deliveries, but have not deterred it from becoming Iraq's largest dairy manufacturer. 

Vitamin-enriched kids milk offers parents nutritional 'safeguard': Arla Foods

Arla Foods UK has launched a nutrient-enriched milk designed to ease the transition from breast milk and infant formula to fresh cow's milk. 

Tesco supply cull hits jobs at Rachel’s

Rachel’s is facing job losses as a result of the organic dairy producer losing a contract with Tesco amid the multiple’s drive to cull 30% of its stock keeping units...

Al Safi Danone investment will reduce Iraq's dairy import reliance: IFC

The International Finance Corporation (IFC) plans to invest up to US$18m in a subsidiary of Al Safi Danone to reduce Iraq's reliance on dairy imports. 

Murray Goulburn acquires Australian pizza cheese brand Caboolture

Australian dairy cooperative Murray Goulburn has acquired pizza cheese brand Caboolture for an undisclosed sum.

News in brief

Chobani CEO joins trade mission to Cuba led by Andrew Cuomo

Chobani founder and CEO Hamdi Ulukaya has joined other business leaders on a trade mission to Cuba led by New York Governor Andrew Cuomo - the first governor-led state trade...

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