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Norwegian dairy calls for action to avoid Christmas butter shortage

Norwegian dairy giant TINE has called upon the country’s government to reduce customs duties on butter imports to avoid a potential shortage over the Christmas period.

NEWS IN BRIEF

Exports and overseas growth drive Volac profits

Dairy nutrition firm Volac has reported an operating profit increase of nearly 40% for the year ending February 2012, citing the impact of increased exports and improved profits from overseas operations.

Nestlé faces Pfizer Nutrition brand 'blackout' in Australia after Mexican setback

The Australian Competition and Consumer Commission (ACCC) yesterday approved Nestlé’s €9bn ($11.59bn) acquisition of infant nutrition business Pfizer Nutrition.

UK food park continues development

The UK's Southglade food park is expanding further thanks to a fresh injection of cash from a local council, despite the current challenging economic environment.

First Milk eyeing expanding Asian dairy markets

UK dairy processor First Milk has set its sights on the rapidly expanding market for dairy products in Asian countries such as China, after identifying demand for British cheeses.

Mexican officials block Nestlé’s Pfizer Nutrition acquisition

Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition has been blocked by Mexican competition officials over concerns that the deal could lead to price increases.

News in brief

Glanbia set to complete dairy ingredients JV after shareholder approval

Glanbia looks set to complete its proposed Glanbia Ingredients Ireland (GII) joint venture with Glanbia Co-operative Society, after gaining shareholder approval for the deal.

News in brief

Dairy nutrition campaign gains EU funding

A Europe-wide campaign to promote the nutritional benefits of milk and dairy consumption has been approved for European Union (EU) co-funding.

Muller Wiseman milk price increase welcomed by farmers

Müller Dairy and Müller-owned Robert Wiseman Dairies will increase their farm gate milk price to 30.5 pence per litre (ppl) by February 2013 in an effort to meet the rising...

Reynolds results positive but reflect weak Europe

Reynolds Group has reported a total group revenue and gross profit rise, but said weak European demand affected all of its business segments.

Glanbia Society members vote to back JV

Glanbia Co-operative Society has confirmed its members have voted to dispose of 3% of the issued share capital of Glanbia to back a proposal to acquire majority ownership of Glanbia’s dairy processing business...

Parmalat eyeing double digit growth for 2012

Parmalat has reported double-digit revenue and profit growth for the first nine months of 2012, driven by strong performances by its US, Canadian, Australian and Russian segments.

Dean Foods eyeing further growth to end 2012 after strong Q3

Dean Foods is eyeing further growth to close 2012, after strong third quarter performances from its Fresh Dairy Direct and WhiteWave-Alpro business segments.

H1 revenue down, but financial position ‘much improved’ – Dairy Crest

Dairy Crest is confident that it will meet its full year expectations, despite a tough start to the year that saw a 7% sales revenue decrease compared with H1 2011.

Glanbia expands heat process for flaxseed safety

Glanbia Nutritionals has expanded its heat treatment process for use with its milled and cracked flaxseed range.

Glanbia eyeing 2012 profits target despite marginal growth

Irish dairy giant Glanbia is “confident” of delivering its full year profits target, despite reporting marginal growth for the first nine months of 2012.

AptarGroup to close two sites in European shake-up

AptarGroup is to restructure 12 facilities in Europe, including the closure of two sites, in a bid to boost future growth in the region.

Fonterra working with NZ Customs to solve cocaine mystery

Fonterra is working closely with the New Zealand Customs Service to establish how a “significant quantity” of either cocaine or heroin found its way into a shipping container of Fonterra powdered milk....

Chinese authorities approve Nestlé’s Pfizer Nutrition acquisition

Nestlé's $11.85bn (€9bn) acquisition of Pfizer Nutrition has been given the go-ahead by anti-trust authorities in China – taking the “strategic” takeover a step closer to completion.

Chinese farm agreement will complete dairy ‘hub’ - Fonterra

Fonterra has signed an investment agreement with Chinese authorities to develop two more large-scale dairy farms – the latest step in the firm’s strategy to build a sustainable fresh local...

Kerry reports strong growth despite tough trading conditions

Strong growth in Kerry Group’s ingredients and flavours division has helps to balance out slow-down in consumer goods, as revenues increased by nearly 11% to €4.4 billion.

a2 fresh milk manufacturer eyeing ‘attractive international markets’

A2 Corporation (A2C) – the manufacturer of a2 brand fresh milk – is eyeing a number of “attractive international markets” including North America and Europe as part of an effort to maximise...

News in brief

Lactalis agrees to acquire Slovenian dairy processor

Lactalis has agreed to acquire a majority stake in leading Slovenian diary processor Ljubljanske Mlekarne – a move the French dairy giant hopes will strengthen its position in South East Europe.

Milk price talks cannot continue alongside farmer protests – Müller Wiseman

Milk price talks cannot take place against the continuing backdrop of militant dairy farmer protests, UK dairy processor Müller Wiseman has claimed.

Unilever and FrieslandCampina expand sustainability partnership

Unilever and Dutch dairy giant FrieslandCampina have expanded their existing sustainability partnership with a pledge to co-operate on development and innovation while promoting sustainable production, packaging, and logistics.

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