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OMIRA considers Lactalis takeover

German dairy company OMIRA said it has successfully completed meetings over the past few months with the Lactalis Group with respect to a merger.

Danone and Abraaj Group expand Fan Milk capacity in Ghana to launch new product

Danone, and investors The Abraaj Group (Abraaj), have added three new production lines to Fan Milk’s factory in Accra, Ghana.

Fonterra optimistic as milk price increases

Fonterra Co-operative Group has increased its 2016/17 forecast Farmgate Milk Price to NZ$6.15 (US$4.31) per kgMS.

Ausnutria takes over ADP and Ozfarm

Ausnutria Dairy Corporation Ltd., a dairy company with production facilities in China, the Netherlands and Australia, has taken over ADP and Ozfarm.

Glanbia Co-op completes share placement for creation of Glanbia Ireland

Glanbia Co-operative Society (Glanbia Co-op) has completed the placement of 8.7m ordinary shares in Glanbia plc to raise approximately €155m ($174m) for Glanbia Co-op.

Breaking into the milk market: India’s top dairy alternatives

Vegetarian-friendly plant-based milk alternatives are poised to put pressure on traditional dairy in heavily vegetarian India.

Food flops in Sweden's Museum of Failure: When NPD goes seriously wrong

From Colgate's lasagne to Heinz's purple and green ketchup, Sweden's Museum of Failure opens next month with several food and drink products on display. We ask the exhibition curator and...

Nestlé officially opens Vietnam MILO plant

Nestlé has inaugurated a new MILO factory in Hung Yen, Vietnam.

Kwality Limited starts loan program for farmers to increase productivity

Kwality Limited, an Indian private dairy company, has distributed loans to 400 of its farmers at events in Rajasthan.

Dairy Crest looks to innovation as adjusted profit grows

UK company Dairy Crest Group plc has published its preliminary results for the year ending March 31, 2017.

Ausnutria reports growing revenue amid fiercer competition and stricter laws

Hong Kong-listed infant nutrition company Ausnutria's total revenues have grown by almost one-third to RMB751.3 million during the first quarter of 2017.

No Cow (D’s Naturals) to unveil new look, new products, in Jan 2018: ‘Our goal is to be a $100m+ brand’

D’s Naturals – the plant protein-fueled start up that recently caught the eye of investors at General Mills 301 INC and 2X Consumer Partners – will unveil a new brand...

Fonterra reopens Malaysian milk powder plant

Fonterra has reopened its milk powder manufacturing plant in Malaysia following a NZ$7m (US$4.8m) investment to boost manufacturing efficiencies and ensure it continues to meet health and safety, and food...

Miraka expands with Malaysia deal

Miraka, New Zealand’s first Maori-owned milk company, has signed an MOU with Malaysian company Storiiu, a food distribution business, to supply their flagship consumer food, Whai Ora. 

Granarolo buys 50.01% of Quality Brands International

Italian company Granarolo has acquires a 50.01% stake in the Greek dairy distribution company Quality Brands International SA (QBI).

Yakult adjusts ten-year plan

In 2011, Yakult Honsha Co., Ltd. formulated a long-term business management vision “Yakult Vision 2020,” which it split into three phases. The company has just released its Phase III Plan...

Ornua publishes 2016 review

Ornua, Ireland’s largest exporter of primary Irish dairy products, has published a review of its 2016 operational and financial performance, as well as a goal to build revenues of €3bn...

Chobani CMO on Greek yogurt: ‘We think the category should be double what it is today’

Greek yogurt accounts for about 54% of the overall yogurt category in the US, coming a long way from less than 1% of the market nine years ago when Chobani...

Inner Mongolia Yili Industrial Group eyes Danone’s Stonyfield in $850m bid

Inner Mongolia Yili Industrial Group Co., China’s largest dairy manufacturer by retail sales, has made an $850m bid for Danone-owned Stonyfield Farm, producer of organic and Greek yogurt products. ...

FrieslandCampina looks to social media to grow business through Facebook partnership

FrieslandCampina and Facebook have signed a letter of intent for a partnership to make ‘close, personal and relevant connections with families and farmers around the world through mobile'.

Dean Foods Q1 2017 sales hit $2bn as company expands footprint across categories

Dean Foods reported an increase in net sales for Q1 2017 reaching $2bn, up from $1.88bn from the same period last year, but registered a 1.3% decline in total volume...

Unsafe levels of arsenic found in baby food products, research finds

Almost three-quarters of infant and baby foods containing rice exceed safe levels of arsenic defined by EU law.

Orkla Food Ingredients buys northern German ice cream company

Norwegian company Orkla Food Ingredients has, through its wholly owned subsidiary Eisunion GmbH, signed and completed an agreement to purchase 100% of the shares in the German sales and distribution...

Land O’Lakes continues year-over-year growth in Q1 2017 and gears up for 2025 sustainability targets

Following a high earnings year in 2016, Land O’Lakes still posted solid gains of $110m in net earnings increasing to $3.7bn for Q1 2017. 

Murray Goulburn to close three facilities

Murray Goulburn Co-operative Co. Limited (MG) has announced it is closing three of its facilities after an asset and footprint review.

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