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Al Safi Danone investment will reduce Iraq's dairy import reliance: IFC

The International Finance Corporation (IFC) plans to invest up to US$18m in a subsidiary of Al Safi Danone to reduce Iraq's reliance on dairy imports. 

Murray Goulburn acquires Australian pizza cheese brand Caboolture

Australian dairy cooperative Murray Goulburn has acquired pizza cheese brand Caboolture for an undisclosed sum.

News in brief

Chobani CEO joins trade mission to Cuba led by Andrew Cuomo

Chobani founder and CEO Hamdi Ulukaya has joined other business leaders on a trade mission to Cuba led by New York Governor Andrew Cuomo - the first governor-led state trade...

FrieslandCampina completes Hungarian 'realignment' with dairy plant sale

FrieslandCampina has agreed to sell its plant in Debrecen, Hungary - a facility previously earmarked for closure - to local dairy Alföldi Tej.

Russian embargo hit Finnish dairy Valio to cut up to 320 jobs

Finnish dairy Valio - hit heavily by the Russian ban on Western goods - plans to reduce its workforce by up to 320 to cut costs to “correspond to the current...

Aussie dairy Murray Goulburn proposes AU$500m initial public offering

Australian dairy cooperative Murray Goulburn has revealed plans for an initial public offering (IPO) of a unit trust it hopes will raise AU$500m.

First shipment of Australian SADA Fresh milk arrives in China

SADA Fresh, the milk brand created by the South Australian Dairy Farmers Association (SADA), is set to debut in China.

Welsh dairy firm’s £6M cheese site to create 10 jobs

Welsh dairy co-operative South Caernarfon Creameries has invested £6M in a new cheese production facility at its existing site in Gwynedd, creating 10 new jobs.

Further Asian infant formula recovery drives Danone Q1 sales boost

Further recovery of Danone's infant formula business in Asia drove a 4.8% like-for-like increase in Q1 group sales, the French dairy announced today.

FrieslandCampina to close Dutch cheese packaging plant in efficiency drive

FrieslandCampina plans to close its Den Hollander Food cheese packaging plant, which it considers too small to meet future packaging requirements.

R&R acquisition of South African Nestlé ice cream business given go-ahead

R&R Ice Cream has been given the regulatory green light to complete its proposed acquisition of Nestlé South Africa's ice cream business.

Japanese dairy giant Meiji considering 'specific Bulgarian projects'

Japanese dairy giant Meiji will discuss "specific Bulgarian projects" during a visit by its president to the Eastern European country this week.

Move over fruit, it’s time for dairy! Yazoo sees yogurt smoothies soar as snackification strikes

FrieslandCampina’s milk drink and smoothie brand Yazoo is expanding availability of its on-the-go yogurt smoothies this month, seeing great potential for a ‘snack that provides sustenance.’

Tetra Pak expands its Serbia factory reducing loading times for foreign exports by 50%

Tetra Pak has opened a 4,000m² warehouse for finished products in Gornji Milanovac in Serbia, as part of a €11.9m two-year investment programme, creating 38 jobs.

Fonterra 'scanning the market' for new European whey sources

New Zealand dairy giant Fonterra is "scanning the market" for new whey sourcing partnerships in Europe.

Dannon & Evolution Fresh join forces to launch new Greek yogurt products

Yogurt maker Dannon’s partnership with cold pressed juice giant Evolution Fresh creates a powerhouse that could bring renewed energy to the Greek yogurt category, which has been slowing recently.

FrieslandCampina, Huishan Dairy establish Chinese infant formula JV

Friesland Huishan Dairy - FrieslandCampina's newly established Chinese infant formula joint venture - will introduce a new brand in China "in the near future."

Barry Callebaut eyes food supplements after EU opens cocoa flavanol health claim doors

The EC has handed Barry Callebaut cocoa extract blood circulation marketing tools in new sectors – including food supplements for the first time.

Yogurt makers expand when and who eats yogurt with different product platforms

Yogurt manufacturers are rolling out a wide variety of new products to drive consumer interest in and consumption of the dairy product in an attempt to boost sales, which have...

Irish Dairy Board completes post-quota preparations with Ornua rebrand

The Irish Dairy Board (IDB) has completed its post-quota preparations with the adoption of its new corporate identity, Ornua.

Oxfam: World’s biggest food companies must ‘walk the talk’ on sustainability

Eight of the 10 biggest multinational food companies have improved their food security and sustainability policies over the past year – but all must do more to put their commitments...

Dairy Crest assets sale 'remains on track' as deal referred back to UK authority

Dairy Crest's £80m sale of assets to Müller "remains on track" after being referred back to the UK Competition and Markets Authority (CMA) by the European Commission (EC)....

GSK: "We spent two years developing this product and as yet are not sure why this is happening.”

Glaxo withdraws MaxiNutrition creatine milk over choking concerns

In-bottle creatine crystallisation is behind a full UK recall of GlaxoSmithKline-owned MaxiNutrition Cyclone Milk products over choking concerns. GSK implemented the recall after customer complaints a spokesperson told us today.

UAE dairy Al Ain claims world's first with camel milk powder and ice cream

Al Ain Dairy, the largest dairy processor in the United Arab Emirates (UAE), has launched what it claims are the world's first camel milk ice cream and milk powder products available on...

Higher 2014 US milk prices drive 30% revenue increase for DFA

Dairy Farmers of America (DFA) revenue increased nearly 30% in 2014 - a feat the US cooperative has attributed to higher milk prices. 

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