SUBSCRIBE

Breaking News on Dairy Processing & Markets

News > Manufacturers

Weaker sales for TINE

Norway's TINE Group had sales revenues of NOK 5.51bn ($706m) in the second quarter, down 1.1% compared with the second quarter of 2016.

News in brief

Murray Goulburn sells Kiewa Country brand and equipment to Kyvalley Dairy Group

Australian company Kyvalley Dairy Group, based in Kyabram, Victoria, has purchased Kiewa Country brand and manufacturing equipment from Murray Goulburn Co-operative Co. Ltd.

News in brief

Arla launches new business in Ghana

Arla Foods is expanding into another market in its Sub-Saharan Africa business region by creating a sales and packaging facility in Ghana.

Arla revenue jumps 3% in first half of 2017

Arla Foods’ revenue has risen by 3% in the first half of 2017 due to increased sales prices.

News in brief

Fonterra to invest in Lithuanian dairy company

New Zealand’s dairy cooperative Fonterra is investing in 10% of the shares in Lithuanian dairy company AB Rokiškio sūris.

SupplySide West 2017 in Las Vegas, Sept. 25-29

Probiotic maker Lallemand highlights strains, formulations for children and teenagers

Quebec-based probiotic maker Lallemand will announce a new range of probiotics designed for children and teenagers at the upcoming SupplySide West show in Las Vegas, September 26 to 29.

Murray Goulburn to restore struggling business after $293m FY17 revenue loss

Murray Goulburn Co-operative (MG) reported a 10% loss in revenue equivalent to AU$371m (US$293m) for the full year ending June 30, 2017, largely driven by a decline in fluid milk sales.

Feature

Rossi launches ice cream Birthday cake to celebrate 85th anniversary

From black ice cream, limited edition ice cream Birthday cake and a transition from cardboard packaging to printed containers, Rossi celebrates its 85th anniversary this month.

Valio opens $199m snack plant with plans to expand into reduced sugar recipes

Valio has opened a five-storey, 265,000m² snack plant in Riihimäki, Southern Finland, investing €170m ($199m).

FrieslandCampina agrees to sell Riedel to Standard Investment

FrieslandCampina has agreed to sell Riedel to Dutch investment company Standard Investment, with the deal to be completed before the end of the year.

TINE starts construction of $100m energy-efficient plant

Norwegian Prime Minister Erna Solberg attended the beginning of construction of TINE's dairy in Flesland this week.

Heritage Foods profits fall

Indian dairy company Heritage Foods has published its financial results for the quarter ending June 30, 2017.

More manufacturers approved under new Chinese infant formula rules

China’s Food and Drug Administration (CFDA) has announced the second batch of infant nutrition companies and products that have been approved under its new registration programme.

Dean Foods shuts down fluid milk processing plant in Virginia

Dean Foods is closing one of its fluid milk processing plants, PET Dairy, in Richmond, Virginia, as part of its company-wide plan to consolidate operations.

Kerry lowers outlook despite H1 growth

Kerry Group lowered its full-year earnings forecast, despite reporting higher sales and earnings for the first half, as currency exchange headwinds hit its outlook.

Scottish island butter aims high in Dubai

Butter may be in the news because of potential short supply, but butter from the Scottish Orkney Islands has reached new heights not of price, but in terms of elevation.

Glanbia revenue up 11.5%

Glanbia plc, the Irish global nutrition group, has announced its results for the six months ending July 1, 2017.

Yili jumps on gaming bandwagon

Yili has become the first dairy brand in China to participate in an interactive gaming event.

This week Down Under

Unilever acquires Aussie ice cream icon

Weis, one of Australia’s best-loved frozen bar manufacturers, has been snapped up by Unilever to bolster its ice cream range.

News in brief

Arla organic milk makes its way into McDonald’s Happy Meals

Arla Foods UK is launching a new co-branded Happy Meal and Arla Organic Milk bottle in McDonald’s UK restaurants.

Dean Foods looks to cost savings after Q2 profit falls

Dean Foods Company has issued its second quarter 2017 results.

FrieslandCampina develops cooperative vision ‘2025 The Merits of Milk’

The board and members’ council of Zuivelcoöperatie FrieslandCampina U.A. have decided upon the direction of the cooperative with its vision ‘2025 The Merits of Milk’.

Grupo Lala to acquire Vigor Brazil

Grupo Lala has agreed to acquire 91.99% equity share of Brazilian dairy company Vigor Alimentos S.A., as well as its shareholding in Itambé Alimentos S.A., for US$1.8bn (R$5,725m)....

Emmi divests stake in Italian cheese group Venchiaredo

Swiss dairy group Emmi is selling its 24% holding in Italian cheese maker Venchiaredo as it pulls back from the Italian market.

Ornua and Irishgold reach settlement on trademark dispute

Irish dairy manufacturer Ornua, maker of Kerrygold butter, has won a trademark dispute against Wisconsin-based Old World Creamery over use of the name “Irishgold” on its butter and cheese products. ...

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...