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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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Rocketing US cheddar exports fuel strong full-year for Glanbia

Irish dairy firm Glanbia says that booming US cheddar export sales fed into a strong 2012, but warned that the key risk to the global dairy market in 2012 centred...

‘Global brand’ stardust rubs off across Arla during 'strong' 2011

Arla Foods has announced a strong set of results for 2011, and the company has told that this is due in large part tighter ‘global brand’ focus that is...

Ingredients and flavours strong for Kerry within ‘stable, unsurprising’ results

Favourable consumer trends for healthy formulations and natural flavours ensured steady growth in the ingredients and flavours segment of Kerry Group.

‘We are quite nothing in Asian dairy’, Danone CEO admits

Danone CEO Franck Riboud admits his company is ‘quite nothing in Asian dairy’, but says the French giant is not prioritising that category within the region, and will take time...

SPX signs bumper deal to kit out Shanghai dairy factory

Food processing machinery specialist SPX has won a multi-million dollar contract to kit out Bright Dairy & Food Co’s new processing plant in Shanghai, China.

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Muller deal for Robert Wiseman ‘unconditional’

Müller's £280m takeover of UK dairy processor Robert Wiseman Dairies was declared “unconditional” on Wednesday, as the German dairy operator secured 93.9% of the Scottish firm's shares.

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Valio hit by Swedish milk imports but brands show strength

Finnish dairy processor Valio has revealed that Swedish milk imports hit the profitability of its 'basic milks unit' in 2011, but the firm has hailed the success of recent additions...

FrieslandCampina seizes Balkan takeover opportunity under route 2020 'spearhead'

Dutch dairy cooperative FrieslandCampina has signed a memorandum of understanding with a UK-based venture capital firm to acquire Serbian dairy producers Imlek and Mlekara Subotica, and sees great potential to...

Tight supermarket milk margins set Dairy Crest stock ‘in doldrums’, analysts

Dairy Crest has issued a mixed trading update for the first nine months of its fiscal year, with persistent tight margins in its dairies business sector offset by strong performance...

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PepsiCo cites dairy as ‘key component’ in global growth strategy

Pepsico says that the dairy sector is a ‘key component’ in its global growth strategy, and has the potential to post growth more than double that of bakery and chilled...

Dairy Crest could be next, analysts hint, as fat of Wiseman deal chewed over

Dairy Crest could be the next UK processor to find itself the subject of a takeover approach, while Müller will have to leverage its stronger market position to secure stronger...

Robert Wiseman agrees multi-million Müller takeover deal: analysts react

Robert Wiseman Dairies says it has agreed the terms of a £279.5m takeover deal by Müller UK (a wholly owned subsidiary of the German dairy giant) and is recommending the...

Irish food and drink exports up 12% in 2011

The value of Irish food and drink exports has increased by €1 billion, representing a 12% surge in 2011 and driving the country’s overall export revenue, according to Irish food board.

Groupe Lactalis lift-off looms for Swedish dairy co-op Skånemejerier

Groupe Lactalis’ bid to take over Sweden’s second largest dairy player fits with the French firm’s strategy of reducing its reliance on cheese, and would give it further brands with...

Chr. Hansen results beat expectations, colours providing improved ROI

Chr. Hansen’s first quarter results for financial year 2011/12 are a notch stronger than analysts had expected.

DMK suggests ice-cream spin-off but misses German target

Germany’s largest dairy processor DMK has said that it plans to spin-off its ice cream business during 2012, but has missed out on acquisition target Durigon Gelato to R&R Ice...

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Kraft inks ‘transformational’ JV with R&R Ice Cream

R&R Ice Cream CEO and executive chairman James Lambert says his firm has signed a deal with Kraft to develop, produce and distribute an “indulgent” ice cream range using the...

R&R Ice Cream pursues German private label mission

R&R Ice Cream (R&R) has expanded its European manufacturing base with the acquisition of German firm Durigon Gelato, as the company seeks to develop its private label business in the...

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Müller Dairy UK jobs threat

Up to 55 jobs could be lost at Müller Dairy UK, which produces yogurts in the country at its dairy in Market Drayton, North Shropshire.

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Chancellor's speech welcomed by manufacturers

New proposals for credit easing in Chancellor George Osborne’s Autumn Statement will enable food and drink firms to expand and create jobs, according to the Food and Drink Federation (FDF)....

Despite ‘headwinds’ Glanbia could hit acquisition trail again in 2012, analyst

Irish dairy ingredients and cheese manufacturer Glanbia could be on the look-out for acquisitions again in 2012, according to an analyst based in the country.

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