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Danone agrees to sell Indonesian fresh dairy business

Danone has agreed to sell its Indonesia fresh dairy business to local food and beverage firm Indofood (ICBP) for a reported 250bn Indonesian Rupiah (US$20.5m, €16.4m).

Private equity firm snaps up Aussie-style yogurt brand Noosa

Aussie-style yogurt brand, Noosa Finest Yoghurt, has been snapped up by Advent International for an undisclosed sum. 

Double-the-price US premium Fairlife milk brand will ‘rain money’: Coca-Cola

Coca-Cola is confident its premium Fairlife milk brand, due to launch across the US next month, will "rain money" once established in the market.

Danone completes €180m Irish infant nutrition expansion

French dairy giant Danone has completed a €180m (US$224m) four-year expansion of its Irish infant formula production capabilities.  

European sports nutrition sector intensifies lobbying ahead of 2015 report

The European sports nutrition sector will promote dialogue with regulators at European level ahead of a Commission report due in mid-2015 that could alter the way the multi-billion euro sector...

Yili to invest NZ$400m in New Zealand dairy projects

Chinese dairy giant Yili plans to invest NZ$400m in a series of processing and packaging projects at what has been dubbed the “world’s largest integrated dairy base.”

Arla Foods to 'extend the footprint' of Cocio dairy drink brand in UK

Arla Foods plans to introduce additional variations of its Danish dairy drink range Cocio in the UK in coming years.

Fresenius tightlipped on joint bid for Danone medical nutrition business

Fresenius is staying tightlipped on reports it and Permira, a European private equity firm, have teamed up in an attempt to acquire Danone's medical nutrition business. 

Clearfleau ‘chocolate soup’ cuts Nestlé electricity bill by 8%

Clearfleau has built an on-site industrial anaerobic digestion (AD) plant at Nestlé's Fawdon confectionery factory, near Newcastle in the UK, which makes gums, pastilles and Rolo chocolates.

Lactalis enters race to acquire Egyptian cheesemaker Arab Dairy

French dairy giant Lactalis has entered the race to acquire Arab Dairy Products Company with an offer that tops all earlier bids for the Egyptian cheesemaker.

“This is a good move for Raisio. They are the correct parent of this niche brand.”

Raisio brings cholesterol-lowering Benecol home for €90m

“J&J should have sold it 10 years ago,” is one analyst’s appraisal of Finnish agro-food giant Raisio’s buy-back of the licensing rights to its cholesterol lowering, plant stanol-based Benecol brand today,...

News in brief

Wensleydale Creamery invests £350k in expansion

Cheesemaker the Wensleydale Creamery has invested £350,000 in new equipment to expand into the burgeoning £90M blended cheese category.

a2 Milk Company plans to list on Australian Securities Exchange

The a2 Milk Company (a2MC), the New Zealand firm behind the popular a2 Milk brand, plans to list on the Australian Securities Exchange (ASX) in 2015.

Danone quiet on medical nutrition business IPO reports

Danone has declined to comment on reports it is considering an initial public offering (IPO) of shares in its medical nutrition business.

Mining tycoon Gina Rinehart invests AU$500m in infant formula venture

Australia's richest person Gina Rinehart has committed AU$500m (US$433m) to a project to produce infant formula Down Under for the lucrative Chinese market.

DFA and Chinese dairy Yili to establish US milk powder JV

Dairy Farmers of America (DFA) and Chinese processor Inner Mongolia Yili have agreed to form a joint venture in the US to produce milk powder. 

China Modern Dairy shares fall as bovine TB reports probed

Chinese authorities are investigating reports that a business unit of China Modern Dairy sold milk cows that tested positive for bovine tuberculosis (bTB) and brucellosis.

News in brief

Chobani to open food incubator to help food entrepreneurs 'disrupt their respective categories'

Chobani is opening a food incubator in New York City designed to help entrepreneurial food companies “launch and disrupt their respective categories”.   

Glanbia launches UHT milk in China under Irish Avonmore brand

Irish dairy giant Glanbia has launched a long-life version of Ireland’s number one milk, Avonmore, in China.

Danone loses bid to restart stalled NZ$1bn Fonterra WPC damages suit

An attempt by Danone to restart its stalled botulism scare damages suit against Fonterra in New Zealand has been rejected.

Dairy Crest dairies sale welcomed by analysts

Dairy Crest’s £80M sale of its diaries to Müller UK & Ireland Group has drawn praise from City analysts.

Arla Foods donates 15 tonnes of Putin cheese to Danish food bank

Arla Foods has donated 15 tonnes of cheese produced for the Russian market to a food bank in the Danish capital Copenhagen.

Dairy Crest to sell dairy assets to Müller in £80m deal

Dairy Crest has agreed to sell dairy assets, including its fresh milk business, to British rival Müller UK & Ireland for £80m (US$127.5m, €102m).

Finnish dairy Valio to detail iodine content on all milk cartons

Finnish dairy Valio has charged itself with educating consumers in Finland and Sweden on the importance of iodine consumption.

Irish Dairy Board expands China presence with Kerrygold UHT milk

The Irish Dairy Board (IDB) has expanded its presence in China with the launch of a long-life, whole milk product under its Chinese Kerrygold brand, Jin Kai Li.

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