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Mengniu set to acquire majority stake in Chinese infant formula manufacturer Yashili

Mengniu has launched a general offer to acquire all outstanding shares of Hong Kong-based infant formula manufacturer Yashili International Holdings – the latest move by the company's to increase its...

Chobani's strained (not Greek) yoghurt gets UK revamp

Greek yoghurt giant Chobani has reintroduced its ‘strained’ yoghurt in the UK after a court ruled that it was misleading consumers by calling its US-produced yoghurt ‘Greek’.

The Lactalis American Group debacle: Is Parmalat finally out of the woods?

With Lactalis owner B.S.A set to refund $130m of the $904m Parmalat paid to acquire Lactalis American Group (LAG) in May 2012, the Italian dairy giant is confident it has...

Employees, union shocked by proposed Müller Wiseman Dairies depot closures

Müller Wiseman Dairies has opened talks regarding the proposed closure of two distribution depots in Scotland – an announcement that has left the Union of Shop, Distributive and Allied Workers...

Fonterra ordered to reinstate employees fired over ‘Harlem Shake’ videos

Fonterra has been ordered to reinstate two employees who were fired for doing the ‘Harlem Shake’ at a Fonterra Brands New Zealand processing plant in Takanini, Auckland.

Saputo challenges Kraft over ‘unauthorised’ use of ‘Toppers’ cheese trademark

Saputo Cheese USA – the US subsidiary of Canadian dairy giant Saputo – has filed a lawsuit against Kraft Foods alleging trademark infringement, competition law violation, and false advertising over...

News in brief

Dannon takes Greek yogurt in new direction with launch of Oikos Greek Yogurt Dips

Dannon is expanding its Greek yogurt franchise with the launch of Oikos Greek Yogurt Dips.

Acid whey? Not us! Greek yogurt firms distance themselves from environmental concerns

Muller Quaker Dairy and Ultima Foods have moved to distance themselves from concerns about the potential environmental impact of Greek yogurt by revealing details of their alternative, ‘acid whey’-free manufacturing...

Muller Quaker Dairy officially opens yogurt plant in Batavia, New York

Muller Quaker Dairy, the joint venture between PepsiCo and German dairy giant Theo Müller Group, has officially opened a $206m, 350,000+ square foot factory in Batavia, New York - one...

Arla Foods refinances bank debt through €175m corporate bonds issue

Arla Foods has given professional investors the opportunity to invest in the company through the issue of SEK 1.5bn ($225m, €175m)-worth of corporate bonds – a move designed to refinance its...

Growing yogurt market share: Dannon uses IBM analytics to boost forecasting and focus on promotions

The Dannon Company is supporting its market share growth in the $7 billion US yogurt sector by using IBM’s planning solutions to help the business in ways ‘that were unimaginable...

Chobani, Dannon attempt to defuse Greek yogurt ‘acid whey’ environmental concerns

Chobani and Dannon have vowed to establish more "responsible" ways to dispose of the potentially-hazardous Greek yogurt by-product, 'acid whey' - amidst growing concerns from the US about the substance's environmental impact....

Arla Foods agrees deal to sell Crediton Dairy to former Milk Link chiefs

Arla Foods UK has entered into an agreement with a management buy-out team led by two former Milk Link executives to sell its Devon-based milk drinks business, Crediton Dairy.

Dairy Crest ‘well placed’ for UK growth following St Hubert disposal

Dairy Crest is “well placed” for growth in the UK through internal investment or acquisitions following the 2012 disposal of its French spreads business, St Hubert, according to the company's CEO Mark...

News in brief

Glanbia managing director announces plans to resign in 2013

Glanbia managing director, John Moloney, has informed the company that he will retire from his role and from the board by the end of the year.

Dannon touts Oikos Greek yogurt to protein-hungry ‘fitness-minded men’

Dannon has begun targeting “fitness-minded men” with its Oikos Greek yogurt brand, and is “exploring the possibility” of marketing its Greek yogurt portfolio to men in the long-term....

News in brief

Glanbia ‘in line’ with full-year expectations after solid US performance

Irish dairy giant, Glanbia, is on track to meet its 2013 expectations after a “solid performance” in the first four months of the year.

DMK expands private label portfolio to include in-demand lactose-free UHT

German dairy giant, DMK Deutsches Milchkontor, has expanded its private label portfolio to exploit the “large potential” for low-lactose and lactose-free UHT milk products.

Yakult ordered to pull Olympics-themed advert in UK over health claims breach

The UK Advertising Standards Authority (ASA) has slapped a ban on the broadcast of a Yakult TV advert, ruling that the ad implied there was a health advantage to drinking...

Emmi launches high-protein, low fat dairy range to meet increasing 'wellbeing' demand

Swiss dairy processor, Emmi, has launched a range of reduced-fat, high-protein, lactose-free dairy products – a development it has attributed to increasing consumer demand for “wellbeing dairy” over functional products.

News in brief

Synlait Milk reveals plans for share offering to fund Chinese ambitions

Chinese-owned New Zealand-based Synlait Milk Limited has announced plans for an initial public offering (IPO) of shares – through which it hopes to support its ambitions in China.

Mengniu to become 'single largest' shareholder of China Modern Dairy through deal

Mengniu has entered into an agreement that will see it become the single largest shareholder of China’s biggest raw milk producer, China Modern Dairy.

Parmalat requests $144m reduction in Lactalis American Group acquisition price

Italian dairy giant Parmalat has requested a $144m (€110m) reduction in the price it paid to acquire its sister unit, Lactalis American Group (LAG), from Lactalis in May 2012.

Arla ‘cements’ ambitions in Russia through JV share acquisition

Dairy giant Arla Foods has acquired the remaining stake of the joint venture that controls its activities in Russia – a move the company claims “cements” its ambitions in the country.

News in brief

Food firm deals dominate 2012 mergers and acquisitions

According to a recent market report, more than half of the consumer packaged goods (CPG) merger and acquisition (M&A) activity in 2012 involved food-based companies.

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