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Court fines Arla for abusing market position

A Danish court has fined Arla Foods €670,000 for abusing its dominant position on Denmark's dairy market, further jeopardizing the group's public image in the country.

Parmalat to take on Bank of America

Parmalat can proceed with its legal action against Bank of America over the dairy company's financial collapse in 2003, according to a US judge.

Arla dairy sales crippled by Middle East boycott

Danish dairy group Arla Foods said sales had come to a standstill in the firm's key Middle East region as Muslim consumers in several countries boycotted Danish products.

Campina signs dairy joint-venture in Thailand

Campina, the Dutch dairy co-operative, will target rapidly growing demand for dairy drinks in Thailand after signing a joint-venture deal with local firm Thai Dairy Industries.

Kraft set for major reshuffle

Kraft Foods has announced plans for a major European reshuffle and a string of acquisitions, as US parent company Altria segregates the food producer from its ailing tobacco subsidiary.

Parmalat scandal hearing scheduled for March

A court hearing on 1 March will decide whether 13 bank executives and four global banks should be sent to trial over the collapse of Parmalat.

Nestlé takes global ice cream lead

Nestlé says it has opened up a clear lead on the global ice cream market after getting full ownership of US firm Dreyer's and successfully tapping into health and convenience...

Lactalis buys Galbani for Italian cheese

Lactalis, France's largest dairy processor, has carried its wheeling and dealing on into 2006 after signing a deal to buy Italian cheese producer Galbani.

EU budget will damage UK interests, says NFU

The UK's National Farmer's Union (NFU) believes that the EU budget settlement could damage the nation's food production.

Dairy Crest denies Lactalis takeover talks

Dairy Crest, Britain's biggest dairy processor, has denied holding takeover talks with French dairy giant Lactalis, despite the emergence of Lactalis documents weighing up the pros and cons of a...

Danisco cultures keep up good growth

Danisco's cultures are seeing strong organic growth thanks to growing demand from fresh dairy for innovative products and probiotics.

Emmi, Kaiku to join up in fresh dairy sales

Swiss dairy group Emmi has bought a stake in Spain's Kaiku to help it expand sales of functional food brands into new markets in Latin America.

Weekly Comment

The shimmer of patent valuation

Complex webs of assumptions are spinning a lie about the real value of today's companies, lulling directors and shareholders alike into a false sense of value creation.

Competition pressures force Friesland to close Hungarian plant

Dairy firm Friesland Foods has announced plans to close its Békéscsaba plant in southeast Hungary in a bid to cut costs, following an increase in market competition since joining the...

Takeover rumours boost Danone's shares

Danone is once again at the centre of takeover speculation as traders predict that American rival Kraft may make a bid for the French food company.

Arla UK revels in branded dairy rise

Arla Foods UK has announced promising progress for the year but warned farmgate milk prices were likely to fall and consumers will have to pay more for steep input cost...

Lactalis signs sales deal with Friesland Foods

Lactalis, the largest French dairy processor, has struck a deal with Dutch dairy Friesland Foods to combine the two groups' marketing teams in Germany.

Wild acquisition strengthens European flavour position

Rudolf Wild's acquisition of a facility in Nauen should strengthen the German company's position in the lucrative European flavours market.

Parmalat board meets to discuss future strategy

Today's board meeting at Parmalat, the first since Enrico Bondi was appointed as chief executive last week, will help to determine which direction the Italian dairy giant goes from here.

OFT launches dairy price-fixing probe in UK

Britain's Office of Fair Trading is investigating allegations of price-fixing by top dairy processors as the government agency draws increasing criticism from the industry.

Dairy Crest losses highlight earnings problem

Dairy Crest saw its profits slashed by half in its first six months of this year, capping a difficult week for the British dairy industry and underlining the pressing need...

Galactic announces lactic acid price increases

Lactic acid giant Galactic is the latest ingredients firm to announced substantial price increases on the back of rocketing energy costs.

Parmalat backs Bondi to recoup the billions

Parmalat's administrator has weathered the storm to become the troubled Italian dairy firm's new chief executive.

Rising plastic costs hit Wiseman profits

Dairy processor Robert Wiseman warned farmgate milk prices would have to fall after profits tumbled 22 per cent in the first half due to rising oil and energy costs.

Graham's Dairies grabs Scottish Milk

Scotland's largest independent milk processor, Graham's Dairies, has swooped in to buy Scottish Milk Dairies only a week after Robert Wiseman walked away from the deal.

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