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Cornish ice cream firm Callestick expands

Cornish ice cream manufacturer Callestick has achieved strong growth throughout the recession, driven particularly by positive performance in foodservice channels and an unseasonably warm autumn.

Swedish authorities approve Arla's merger with struggling Milko

The Swedish Competition Authority (Konkurrensverket) has approved Arla’s merger with struggling Swedish dairy processor Milko, which had faced bankruptcy in the event of the deal not going through.

Danone feels the heat with ‘flat’ Russian sales

Last year's severe summer drought in Russia has hit Danone’s third quarter (Q3) 2011 dairy sales in the country, with the French company forced to raise prices to end consumers...

Synergy expands US flavors empire with Sethness Greenleaf acquisition

Synergy has expanded its US flavors empire with the acquisition of beverage flavors expert Sethness-Greenleaf less than three weeks after snapping up natural extracts specialist Sensus, almost doubling the size...

News in brief

New Parmalat fraud trial hearings set to start

Italian prosecutors are set to launch proceedings against former Parmalat executives accused of fraudulent activities that led to debts of €14bn and the company's collapse in 2003.

Discounters' dilemma as Wiseman ups milk margins

Milk price discounters may have to raise prices above the £1 for four pints mark that has held for two years, as Robert Wiseman Dairies pushes through improved margins.

Milk Link: biggest creamery investment for 20 years

Dairy cooperative Milk Link is to invest £20M at its Lockerbie Creamery in the UK’s largest investment in cheese-making for 20 years.

Polish dairy sale will not stop our growth in ‘strategic market’, Arla insists

Danish-Swedish dairy company Arla says that the sale of its Mozzarella cheese plant in Goscino, Poland will not deter it from pursuing a sought-after strategic partnership and acquisitions in the...

Four-year plan sees Granarolo target acquisitions and €1.6bn turnover

Italian dairy company Granarolo says it is pursuing a €1.6bn turnover as part of a four-year growth plan that will see the firm pursue more acquisitions both at home and...

Controversial Arla super dairy gets green light

Arla has secured planning approval for its new £150m UK ‘mega dairy’, despite widespread local opposition to its plans.

Cargill flavours buy not transformational but good fit for Kerry, analyst

Kerry’s acquisition of Cargill’s flavour systems for €168m ($230m) is by no means transformational but will boost the Irish ingredient firm’s beverages and dairy flavours portfolio, claims an analyst....

'Record' results see Fonterra secure ingredients for overseas success

Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.

Lat Bri purchase sees Granarolo top €1bn turnover

Granarolo has ramped-up its presence within the EU dairy sector by acquiring Italian cheese producer Lat Bri, in a move that will take its turnover above €1bn.

News in brief

Uniq writes-off £20m in yogurt and dessert sales

UK chilled and convenience foods firm Uniq said today that it would lose £20m, following the closure of its 'everyday' desserts business at Minsterley by June 2012.

News in brief

Dragon's Den's star Deborah Meaden slams mega dairy 'treadmill'

Dragons' Den entrepreneur Deborah Meaden has hit out at mega dairies in a new report, where she and her co-contributors said they tied US dairy farmers to a "treadmill of...

Arla close to sealing deal for Allgäuland

Arla Foods announced today that it was a "step closer" to acquiring German dairy firm Allgäuland-Käserien, after the last of the latter's constituent co-operatives voted in favour of joining the...

News in brief

Senior management changes at Arla

Arla will reoganise its senior management team from October, in a move that it says will shorten decision-making timeframes and devliver the DKK 75bn turnover growth demanded by its strategy...

R&R Ice Cream acquires Pilpa as French sales soar

R&R Ice Cream has acquired Europe’s largest private-label ice cream manufacturer Pilpa in a deal worth around €17.65m, plus stock on completion estimated at €9m.

Arla confident despite Allgäuland takeover setback

Arla Foods remains confident that its ‘take it or leave it’ takeover bid for Southern German dairy co-op Allgäuland-Käsereien will succeed, despite its initial rejection.

Dairy prices to soften, says Glanbia

A modest weakening in dairy prices is expected, forecast Glanbia, as the company posted a profit jump in its half year results.

Kerry delivers “solid” H1 with 6% profit hike to €214m

Irish dairy and ingredients group Kerry has turned in a”solid” first half of 2011 that saw it increase volumes, weather raw material price hikes, and see success in a “go-to-market”...

Major UK dairy processors and supermarkets hit by £50m price fixing fine

Major dairy processors and supermarkets in the UK have been fined almost £50m for retail price-fixing that took place almost ten years ago, according to the Office of Fair Trading...

Unilever: “Strength of brands” combats price hikes as H1 profits rise

Food giant Unilever saw net profits grow 10% to €2.235bn in the first half of 2011, with its brand equity allowing it to weather severe raw materials price hikes in some cases.

Givaudan profits slump despite flavours growth

Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite...

FMC tipped to make hydrocolloid acquisition

FMC Corporation is looking to expand its food ingredients portfolio as it strengthens its already strong position in the hydrocolloids market.

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