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Friesland, Campina talk merger; CEO stands down

Friesland Foods and Campina revealed today that exploratory talks are underway to merge into a global dairy giant - and Campina CEO Justin Sanders is standing down "to give the...

Further joint venture upheaval for Danone

Danone says it has terminated another Chinese joint venture, this time with local dairy group Mengiu, due to a lack of progress in the collaboration.

EBRD plans Ukrainian dairy investment

The European Bank for Reconstruction and Development (EBRD) is looking to tap growing potential in the Ukrainian dairy sector with a planned acquisition of a 17.5 per cent stake in...

Chr Hansen strengthens probiotics with Medipharm buy

Chr Hansen has signed a conditional agreement to buy Swedish Arla Foods' subsidiary Medipharm, a deal which will strengthen the Danish firm's probiotic activities.

Wimm-Bill-Dann profits despite dairy cost crunch

Russian group Wimm-Bill-Dann posted a 40.4 per cent increase in sales to $1.75bn (€1.2bn) during the nine months of its current financial year, on the back of a strong performance...

Emmi expects dairy turnaround in 2008

Dairy group Emmi says it remains in line to achieve its full-year objectives despite falling short of earnings targets and expects greater stability in both milk prices and it owns...

Court rules against Danone in Wahaha battle

Danone's right to the trademarks of joint venture partner Wahaha have been terminated after it lost an arbitration battle in a Chinese court, the group said today.

UK dairy groups admit price fixing role

A number of UK-based retailers and dairy processors have admitted involvement in alleged dairy price fixing for powdered milk, butter and cheese, resulting in combined fines of about £116m (€161m).

Long term fears over New Zealand dairy costs

New Zealand farmers continue to step up milk production following a bumper year for their exports, though the country's long-term status as a low cost dairy producer could be under...

Nestle, Vivartia fined in Greek milk price probe

European dairy giants Nestle and Vivartia are among a number of companies facing fines imposed by the Greek competition authority for allegedly fixing dairy prices in the country, press reports...

Nutritek announces dairy divestment for profit push

Nutritek, a leading Russia-based manufacturer of infant nutrition products, is selling off its dairy and agro business operations in the country to focus on functional baby food production in Asia...

Diversified dairy market leaves room for manoeuvre

Danone was the world's leading producer of dairy products in 2006, accounting for 5.1 per cent of total global sales, narrowly ahead of multinational rivals Nestle and Kraft Foods, says...

First Milk mulls cheese and whey plan

First Milk, a leading UK dairy cooperative, announced that the company is considering developing its production facilities for higher value dairy goods.

Parmalat boosts sales 5.4 per cent on rising demand

Italy-based Parmalat, one of the world's largest dairy companies, yesterday reported a 5.4 per cent increase in sales boosted by rising demand for its products in the nine months ended 30 September.

Fonterra considers flotation

Fonterra is initiating a two-year consultation to adopt a preferred capital structure that could see it split in two and listing on the New Zealand Stock Exchange, to better take...

Organic milk profits on health claims

Sales of organic milk within the UK are up by about 11 per cent to 200m litres a year, boosted by studies linking the product with a number of health...

Robert Wiseman boosts turnover 12 per cent

Helped by a global shortage of raw milk, Robert Wiseman Dairies beat back increased input costs to raise margins and boost turnover by 12.2 per cent for the six months...

Buoyant baby market fills Numico's coffers

Baby food sales are up for Numico by more than 10 per cent - but product prices will be bumped up to offset rising costs.

Unilever sells Boursin to Le Groupe Bel

Unilever has sold the soft cheese brand Boursin to Le Groupe Bel for €400m as part of its plan to shed peripheral brands and re-ignite its top line growth.

Kirin targets dairy for global expansion

Japan-based brewer Kirin is branching out from its core beverage lines into health and nutrition with the acquisition of one of the Asia and Oceania region's leading dairy companies.

Arla benefits from UK dairy boom

The UK division of dairy cooperative Arla Foods is expected to exceed last year's record earnings, the company said this week, in announcing the group was doubling its profit forecast...

Danone divests to protect nutrition ambitions

Danone and Numico will be forced to offload some of their European operations to go ahead with their planned merger into one of the world's leading nutrition companies.

Unilever results show sharp recovery

Anglo-Dutch consumer goods giant Unilever today reported a steep increase in its third quarter profits on lower charges and improved sales, though the company's personal care division showed a less...

Emmi teams ups with Belgian trading firm

Emmi has said it will acquire Brussels-based Haerten & Interimex in a move designed to strengthen the Switzerland-based firm's European presence.

Willi-Food prepares kosher deals

Israel-based Willi-Food hopes to step up its presence in Europe and Russia by forming two new joint ventures to meet growing respective demand for kosher and premium cheeses.

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