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Dairy price hike keeps Nestlé sales on track

Nestlé, the world's biggest food and drink manufacturer, has announced a modest increase in Q1 profits after successfully offsetting rising raw material costs with price increases across the UK and...

Saputo completes cheese acquisition

Canadian dairy processor Saputo earlier this week completed its acquisition of Fromage Cote and Distributions Kingsley.

Arla, Campina disband prospective dairy deal

Arla Foods and Campina, two of Europe's largest dairy co-operatives, have abandoned their much-hyped plans to merge, after failing to secure the confidence of their respective boards, Tom Armitage reports.

Glanbia secures second Irish butter deal

Irish food group Glanbia and dairy co-operative Connaught Gold will soon be able to reap synergy benefits, after agreeing to share some elements of their dairy processing operations, Tom Armitage...

Danisco, Genencor deal goes ahead

Ingredients firm Danisco on the way to the number two global enzyme spot after the same German regulatory authorities that delayed the deal give the green light, reports Lindsey Partos.

Fonterra exits National Foods bid, San Miguel triumphs

New Zealand dairy co-operative Fonterra announced today that it has pulled out of the three month bidding war to buy National Foods, crowning San Miguel the new owner of Australia's...

Flavour sales fall for Givaudan in Q1

Givaudan, the world's number one fragrance and flavour player, saw sales in its flavour division slipping by 6.5 per cent for the first quarter, impacted by a loss of products...

China approves Danone dairy deal

French dairy giant Danone has received approval from the Chinese authorities to more than double its existing stake in China's biggest dairy company, Tom Armitage reports.

UK milk suppliers set to profit from Wiseman ruling

First Milk, one of the UK's largest farmer-owned dairy co-operatives, has been given permission from the Office of Fair Trading to buy a stake in Robert Wiseman Dairies - another...

San Miguel wins over National Foods' board with revised bid

San Miguel, the Philippines food and beverage group, has trumped a rival bid from Fonterra, the world's biggest dairy exporter, to buy Australia's National Foods, Tom Armitage reports.

Milk prices impact on Lifeway Foods' bottom line

A 30 to 35 percent increase in milk prices caused Lifeway Foods' operating profit to dip more than $0.5 million for full year 2004 on the previous year, despite a...

Fonterra makes Yoplait disclosure after competition complaint

New Zealand dairy co-operative Fonterra, currently involved in a bidding war for Australia's National Foods, has been told by the Australian Takeovers Panel to issue a supplementary bidder's statement about...

Parmalat suffers public floatation setback

Parmalat, the bankrupt Italian dairy group, has had its proposal to relist on the Italian stock exchange rebuffed, after Italian stock market regulator Consob raised questions yesterday over its future...

Wiseman ups farmgate milk payout, sales on track

UK milk processor Robert Wiseman Dairies has confirmed that its full year results will be in line with analysts' expectations and has pledged to up its average farmgate milk price...

Dairy Crest eyes milk supply opportunities, profits on track

Dairy Crest, the UK's second largest milk supplier, has pledged that its end of year results will be in line with expectations, despite turbulent times for its liquid milk division,...

Campina, Arla announce merger vote setback

Campina, the Dutch dairy co-operative, yesterday informed its member-farmers that the date of a crucial vote determining whether it will merge with Arla Foods has been pushed back, to allow...

San Miguel rumours mount over NZ dairy acquisition

Asian drinks conglomerate San Miguel (SMC), currently embroiled in a bidding war with New Zealand dairy co-operative Fonterra for Australia's National Foods, is being lined-up as a potential buyer for...

Raisio to expand Benecol range in Poland

Finnish plant sterol maker Raisio has acquired a 25 per cent stake in Polish dairy Obory that will allow it to launch new Benecol products in the emerging market.

Estonian dairy group fearful after Russian indifference

Managers at Estonia's Estmilk dairy group have warned that the company is on the verge of collapse after its Russian shareholder, Nutritec, failed to inject funds into the ailing firm.

Campina profits from added-value, but private label slips

Dutch dairy co-operative Campina claims that its annual results are "in line with expectations", despite slashing its milk price payout to member-farmers and registering a decrease in turnover for the...

Campina joins forces with Vinamilk

Vinamilk, the state-owned Vietnamese dairy group, is to form a joint venture with Dutch counterpart Campina which will see the latter group step up its investments in an Asia region...

Friesland Foods fails to halt European sales slump

Dutch dairy producer Friesland Foods claims that increased sales volumes of its key brands to Southeast Asia and West Africa have helped it deliver "satisfactory" 2004 results, but a continuing...

Graham Packaging buys Tetra Pak HDPE plants

US-based Graham Packaging is to acquire four Tetra Pak plants that make HDPE (high-density polyethylene) plastic bottles for nutritional beverages and value-added dairy beverages supplying markets in Belgium, Brazil, Turkey,...

Napier Brown confirms takeover talks

UK sugar and dairy powder firm Napier Brown Foods confirmed rumours this week that it is in discussions that could lead to a possible takeover, writes Lindsey Partos.

Danone to double Chinese dairy stake

Danone, France's leading food manufacturer, is to double its stake in China's Bright Dairy and Food to just under 10 per cent, a move expected to herald a ramping up...

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