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FrieslandCampina seizes Balkan takeover opportunity under route 2020 'spearhead'

Dutch dairy cooperative FrieslandCampina has signed a memorandum of understanding with a UK-based venture capital firm to acquire Serbian dairy producers Imlek and Mlekara Subotica, and sees great potential to...

Tight supermarket milk margins set Dairy Crest stock ‘in doldrums’, analysts

Dairy Crest has issued a mixed trading update for the first nine months of its fiscal year, with persistent tight margins in its dairies business sector offset by strong performance...

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PepsiCo cites dairy as ‘key component’ in global growth strategy

Pepsico says that the dairy sector is a ‘key component’ in its global growth strategy, and has the potential to post growth more than double that of bakery and chilled...

Dairy Crest could be next, analysts hint, as fat of Wiseman deal chewed over

Dairy Crest could be the next UK processor to find itself the subject of a takeover approach, while Müller will have to leverage its stronger market position to secure stronger...

Robert Wiseman agrees multi-million Müller takeover deal: analysts react

Robert Wiseman Dairies says it has agreed the terms of a £279.5m takeover deal by Müller UK (a wholly owned subsidiary of the German dairy giant) and is recommending the...

Irish food and drink exports up 12% in 2011

The value of Irish food and drink exports has increased by €1 billion, representing a 12% surge in 2011 and driving the country’s overall export revenue, according to Irish food board.

Groupe Lactalis lift-off looms for Swedish dairy co-op Skånemejerier

Groupe Lactalis’ bid to take over Sweden’s second largest dairy player fits with the French firm’s strategy of reducing its reliance on cheese, and would give it further brands with...

Chr. Hansen results beat expectations, colours providing improved ROI

Chr. Hansen’s first quarter results for financial year 2011/12 are a notch stronger than analysts had expected.

DMK suggests ice-cream spin-off but misses German target

Germany’s largest dairy processor DMK has said that it plans to spin-off its ice cream business during 2012, but has missed out on acquisition target Durigon Gelato to R&R Ice...

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Kraft inks ‘transformational’ JV with R&R Ice Cream

R&R Ice Cream CEO and executive chairman James Lambert says his firm has signed a deal with Kraft to develop, produce and distribute an “indulgent” ice cream range using the...

R&R Ice Cream pursues German private label mission

R&R Ice Cream (R&R) has expanded its European manufacturing base with the acquisition of German firm Durigon Gelato, as the company seeks to develop its private label business in the...

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Müller Dairy UK jobs threat

Up to 55 jobs could be lost at Müller Dairy UK, which produces yogurts in the country at its dairy in Market Drayton, North Shropshire.

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Chancellor's speech welcomed by manufacturers

New proposals for credit easing in Chancellor George Osborne’s Autumn Statement will enable food and drink firms to expand and create jobs, according to the Food and Drink Federation (FDF)....

Despite ‘headwinds’ Glanbia could hit acquisition trail again in 2012, analyst

Irish dairy ingredients and cheese manufacturer Glanbia could be on the look-out for acquisitions again in 2012, according to an analyst based in the country.

Cheese and property boost profits at Dairy Crest

Higher cheese prices and profits from property sales helped Dairy Crest to a strong financial performance for the period ending September 30, according to city analysts.

Arla Foods eyes German dominance with Allgäuland acquisition

Arla Foods has announced the acquisition of German based dairy producer Allgäuland-Käsereien as it aims to become a major player in the domestic dairy market.

‘Urgent necessity’ prompts wholesale business shake-up for DMK

Germany’s largest dairy processor Deutches Milchkontor (DMK) has unveiled radical plans to restructure production across its 20 sites in the country as part of an urgent strategy to ensure long-term...

Cornish ice cream firm Callestick expands

Cornish ice cream manufacturer Callestick has achieved strong growth throughout the recession, driven particularly by positive performance in foodservice channels and an unseasonably warm autumn.

Swedish authorities approve Arla's merger with struggling Milko

The Swedish Competition Authority (Konkurrensverket) has approved Arla’s merger with struggling Swedish dairy processor Milko, which had faced bankruptcy in the event of the deal not going through.

Danone feels the heat with ‘flat’ Russian sales

Last year's severe summer drought in Russia has hit Danone’s third quarter (Q3) 2011 dairy sales in the country, with the French company forced to raise prices to end consumers...

Synergy expands US flavors empire with Sethness Greenleaf acquisition

Synergy has expanded its US flavors empire with the acquisition of beverage flavors expert Sethness-Greenleaf less than three weeks after snapping up natural extracts specialist Sensus, almost doubling the size...

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New Parmalat fraud trial hearings set to start

Italian prosecutors are set to launch proceedings against former Parmalat executives accused of fraudulent activities that led to debts of €14bn and the company's collapse in 2003.

Discounters' dilemma as Wiseman ups milk margins

Milk price discounters may have to raise prices above the £1 for four pints mark that has held for two years, as Robert Wiseman Dairies pushes through improved margins.

Milk Link: biggest creamery investment for 20 years

Dairy cooperative Milk Link is to invest £20M at its Lockerbie Creamery in the UK’s largest investment in cheese-making for 20 years.

Polish dairy sale will not stop our growth in ‘strategic market’, Arla insists

Danish-Swedish dairy company Arla says that the sale of its Mozzarella cheese plant in Goscino, Poland will not deter it from pursuing a sought-after strategic partnership and acquisitions in the...

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