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Nestlé to sell-off Mexican Pfizer infant formula business in anti-trust deal

Mexican anti-trust officials have approved Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition on the condition that the Swiss firm sells off the acquired infant formula business to an independent third...

Asian demand for baby food was a major driver of Danone's sales increase

Danone results get Asia baby food boost

Danone reported sales growth in the first quarter of 2013 as demand for baby food in Asia boosted profits, despite continued weakness in Europe.

Dean Foods to ‘accelerate’ cost-cutting efforts in 2013 to offset private label loss

US dairy giant Dean Foods plans to “accelerate” its existing cost reduction efforts in 2013 in an attempt to minimise the impact of an anticipated decline in private label milk volumes.

FrieslandCampina cheese and packing acquisition granted ‘conditional’ EC approval

FrieslandCampina has been given the go-ahead to complete its acquisition of Dutch specialist cheese manufacturer, Zijerveld, and its packing business - but only under conditions designed to ensure competition in...

International Kerrygold success drives Irish Dairy Board 2012 sales

The Irish Dairy Board (IDB) has reported turnover exceeding €2bn for 2012 on the back of a strong performance by its Consumer Foods business – most notably its Kerrygold butter brand.

EDITOR'S OPINION: DEAR DAIRY....

It’s all Greek to me… How fair was the High Court ruling against Chobani?

New York-based Chobani was handed an injunction last month prohibiting its use of the term ‘Greek yogurt’ in the UK following a court battle with rival, Fage, which claims that...

Danone urges UK retailers to limit the sale of infant formula over 'unofficial exports' to China

French dairy giant Danone has called on British retailers to limit the sale of infant formula to two units per customer, in an attempt to curb “unofficial exports” of Western-manufactured milk powder...

'We are building Lifeway as a global brand', says CEO

Record sales and a 97% control of the kefir category are only the start for Lifeway Foods, as the company states it’s ‘in the early stages of its long-term growth...

Murray Goulburn unveils export-driven A$19m UHT milk plant expansion plan

Australian dairy cooperative, Murray Goulburn, has announced plans to spend A$19.1m ($19.9m, €15.4m) on the update and expansion of its Leongatha UHT milk manufacturing plant in an attempt to meet “immediate” export...

South African Pfizer Nutrition re-brand will create ‘viable competitor’ to Nestlé – anti-trust authority

The 20-year re-branding period imposed on Nestlé’s newly-acquired Pfizer Nutrition infant formula brands in South Africa will create a “viable competitor” to Nestlé in the long term, the country's Competition Tribunal has...

UHT innovation will make donkey milk ‘more available to consumers’ – Eurolactis

Swiss firm Eurolactis has set its sights on making highly-nutritious donkey milk more accessible to consumers around the world through the launch of a Tetra Pak-contained UHT version.

Parmalat acquisition probe: Court appoints commissioner to oversee LAG price adjustment

The civil investigation into Parmalat’s May 2012 $904m intra-group acquisition of Lactalis American Group (LAG) has appointed a special commissioner to oversee an audit calculating a final price for the...

News in brief

Yashili given NZ approval to build NZ$100m infant formula plant

Chinese dairy processor, Yashili International, has been given the go-ahead by authorities in New Zealand to build a NZ$100m infant formula manufacturing plant in the country.

Supermarket wars

Woolworths waiting for approval to cut out the dairy middle man

Should it be given the go-ahead, a new trial in New South Wales’ Manning Valley will see a supermarket dealing directly with dairy farmers for the first time ever in...

Chinese dairy safety concerns 'adversely affected' 2012 results - Mengniu

Chinese dairy giant Mengniu has reported a drop in both revenue and profits for 2012 – a result it has attributed to continuing consumer concern about the quality and safety...

German anti-trust authority clears DMK to complete private-label ice cream merger

German dairy giant Deutsches Milchkontor GmbH (DMK) has been given the regulatory go-ahead to complete its acquisition of rival German private-label ice cream manufacturer, Roseneis.

EU food and drink industry production fell by 0.36%

EU food and drink production flat in Q4 2012

Food and drink production in the EU remained flat in the fourth quarter of last year as some raw materials became costlier, according to data from FoodDrinkEurope.

You’re not Greek! Chobani handed UK ban on use of the term ‘Greek yogurt’

US Greek yogurt giant Chobani has been issued with a permanent injunction by the UK High Court that prevents its use of the term ‘Greek yogurt’ to market its yogurt...

Couple brings German-style quark to US market

Quark, latest entrant to the North American dairy case, had a long journey, from northern Europe by way of India to a kitchen in Southern California. 

Inaugural Food Vision heralded as success by global food industry – organisers commit to return in 2014

Following a highly successful inaugural summit last week, organisers William Reed Business Media have confirmed that Food Vision will become an annual event, returning to Cannes, France, in March 2014. 

Fonterra reports 'strong' H1 performance on back of Asia, Latam sales growth

Fonterra has reported an earnings before interest and tax (EBIT) increase of more than 25% for the first half of fiscal year (FY) 2013 – a result it has attributed...

Dean Foods to close Oak Farms Louisiana milk processing plant in efficiency drive

US dairy giant Dean Foods has announced plans to close its Oak Farms processing plant in Shreveport, Louisiana later this year – citing the pressures of operating in a “highly competitive...

Volac heralds high-protein dairy beverage launch as 'next step' for company

British dairy nutritionals manufacturer, Volac, has launched a low-fat, high-protein dairy drink called Upbeat in the UK - a move that marks the company's entry into the consumer market for dairy beverages....

Dean Foods launches consumer-driven high-protein TruMoo innovation

Dean Foods has launched a high-protein, long-life version of its popular TruMoo flavoured milk range in an attempt to meet increasing US consumer demand for protein-enriched beverages.

Dairy Farmers of America agrees $46m CME price fixing settlement

Dairy Farmers of America (DFA) has agreed to pay $46m to settle a lawsuit that alleged it manipulated trading at the Chicago Mercantile Exchange (CME) in an effort to drive...