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Yoplait processing reverts to France after Glanbia deal

Processing of Yoplait yoghurts for Republic of Ireland and Northern Ireland will revert back to France after dairy giant Glanbia’s sale of the franchise back to Yoplait.

‘Radical efficiency’ savings could see Arla cut supplier numbers

Arla Foods is taking ‘radical’ cost-cutting steps to keep pace with rivals and told that fewer suppliers might have to offer lower prices for packaging and other materials.

Declining raw milk prices support ‘strong’ Dean Foods Q1 results

US processor Dean Foods has reported 'stronger than forecasted' results for the first quarter of 2012 – citing the declining price of raw milk and solid growth across its segments as defining factors....

Glanbia dismisses Dairy Ireland spin-off ‘speculation’

Demand for whey products underpinned a strong first quarter for Glanbia with analysts hailing an ‘encouraging start’ to the year, but the firm has dismissed talk that it plans to...

Nutrition stars for DSM but profits drop; Raisio records 11% hike

DSM’s nutrition unit performed well with the Martek acquisition helping 13% sales growth, but the polymers and pharma faired worse, leaving the company with 3% overall growth, but a dipped...

Food prices down slightly but remain high, reports FAO

Global food prices fell by 1.4% in the last month but seem to have stabilised at a relatively high level, says the United Nations Food and Agriculture Organization (FAO).

Kerry results boosted by recent acquisitions

Kerry Group’s 2011 acquisitions have performed well for the ingredients and flavours giant, boosting its Q1 results despite challenges in trading conditions.

UK dairy co-op buys sports nutrition firm in “added value” move

UK dairy co-operative First Milk has acquired leading UK sports nutrition player, CNP Professional, as it diversifies its operation out of the increasingly margin-pressured traditional  dairy sector.

Fonterra confirms NZ speciality cheese review

Fonterra has confirmed to that it is undertaking a review of its New Zealand speciality cheese business Kapiti, but was unable to reveal whether any specific plants were earmarked...

Nestlé’s €9bn Pfizer buy may face anti-trust trouble

Nestlé’s $11.85bn (€9.02bn) acquisition of Pfizer Nutrition may run into anti-trust hurdles after it beat Danone to the drug giant’s global infant nutrition business, according to an analyst.

Nestlé admits ‘quite dramatic’ US ice cream price hikes as it ditches promotions

Nestlé has revealed that cost pressures affecting its US ice cream business led to it scrap promotion-led sales in 2012 and says the impact on pricing had been “quite dramatic”.

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Dairy Crest liquid milk loss is Arla's gain?

Arla has won back the Tesco milk contract it lost to Dairy Crest around 18 months ago, according to our sister site The Grocer.

Chr Hansen shares jump 9% on strong H1 profits

First half EBIT profits for 2011-12 surged 19% to €83m at Chr Hansen as it shrugged off the effects of severe fluctuations in the price of red colorant carmine, and...

News in brief

Nestlé Australia cold on ice cream business sale rumours

Nestlé Australia has refused to confirm rumours that it is looking to exit its Nestlé Peters ice cream business in the country, after press reports today suggested a potential AUS...

Kraft withdrawal shows penetrating US Greek yogurt market isn’t easy: Danone

Danone has hinted that Kraft’s withdrawal from the booming Greek yogurt category in the US is proof of how hard it is to penetrate the sector within a refrigerated yogurt...

'Disappointing' Tesco contract loss not linked to new dairy closure plans: Dairy Crest

Dairy Crest has announced the loss of its Tesco milk contract but says this bears no relation to new plans to close two dairies, as it cuts costs to sustain...

News in brief

US retailer expands into dairy market

US-based company Meijer has acquired Bareman’s dairy and announced it will invest $8m (€6m) to expand the current plant.

‘Price battle’ hits Fonterra consumer sales in Australia, NZ

A retail price war in Australia and New Zealand hit Fonterra’s consumer sales hard in the first half of 2012, while the firm said a strategy refresh will see it...

Lactalis touted as buyer for Dairy Crest spreads business

As UK dairy player, Dairy Crest, indicates it is ready to flog off its jewel in the crown - St Hubert - a food industry analyst reckons Groupe Lactalis is...

Danone injects more capital into ‘receptive’ Russia

Following its merger with local dairy player Unimilk in 2010, Danone will invest a further US$700m in Russia over the next five to seven years, aimed at driving capacity and...

News in brief

Shares suspended, auditors quit – spotlight turned on Chinese milk formula maker

Chinese milk formula Daqing Dairy’s shares have been suspended after auditors quit, sparking fears that its problems could reflect much deeper problems with Chinese companies listed in Hong Kong, Reuters...

Middle Eastern, EU turmoil hits Friesland Campina’s speciality cheese sales

Dutch dairy concern Friesland Campina (FC) has reported that branded cheese sales in 2011 were hit by European consumers trading down from brands to cheaper products, and Middle Eastern turmoil.

War whispers and strong NZ dollar lead Fonterra to cut payout forecast

A stronger New Zealand (NZ) dollar, higher levels of global milk production and uncertainties on international markets – including a potential Middle Eastern conflict – has led Fonterra to lower...

Friesland Campina makes significant Filipino M&A move to reach 100m consumers

Royal Friesland Campina is poised to complete the takeover of Filipino firm Alaska Milk Corporation (AMC) for total sum of around €350m, in a move it said gave it access to 100m...

Dairy Crest’s hints at ‘au revoir’ to French spreads as acquisition strategy stalls

Dairy Crest surprised analysts today by announcing a strategic review of its French branded spreads business, St Hubert, with a possible divestment on the cards, and said that large dairy...

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