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Trends > Consolidation

Guest article

South America’s road to recovery

South America boasts a dynamic dairy sector replete with opportunities for growth and development.  While 2016 was an incredibly challenging year for many stakeholders across the dairy chain, so far,...

Agropur takes over Agrifoods' share in Ultima Foods

Canadian dairy cooperatives Agropur Cooperative and Agrifoods International Cooperative Ltd. have concluded an agreement whereby Agropur will become the sole owner of Ultima Foods Inc.

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.

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.

Borden Dairy taken over by ACON investment company

ACON Investments, L.L.C. and its affiliates have announced the completion of an equity recapitalization of Borden Dairy Company.

Arla closing Lillebælt dairy

Danish dairy cooperative Arla Foods is moving production of its Castello brand white mold cheese to its Troldhede dairy location, resulting in the loss of 66 jobs at Lillebælt Dairy,...

DMK responds to ‘crisis year’ with plant closures and job cuts

German dairy cooperative Deutsches Milchkontor eG (DMK) is closing three of its plants as it responds to the 2016 reporting period, which it called a ‘crisis year.’

Nutrinor acquires Fromagerie Champêtre

Canadian cooperative Nutrinor has announced that it has acquired a majority share in Fromagerie Champêtre.

Murray Goulburn axing products as job cuts loom

In a letter to suppliers, Australian dairy company Murray Goulburn Co-operative Co. Limited (MG) said it is discontinuing several products as job losses take place.

Synlait purchases New Zealand Dairy Company

New Zealand dairy processing company Synlait Milk announced today it has purchased 100% of the shares of The New Zealand Dairy Company (NZDC).

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).

Cornell professor of agricultural economics: US took advantage of 'loophole’ in dairy trade with Canada

Multiple US dairy groups have blasted Canada recently saying that the country is blatantly violating terms of the NAFTA trade agreement and that US dairy processors are suffering due to...

Danone completes acquisition of WhiteWave to create DanoneWave

Danone has completed its acquisition of WhiteWave.

NMPF president warns that US dairy labor shortage could become ‘dire’

The US dairy industry has faced labor shortage issues for years, but the situation may become more unfavorable under the Trump Administration as its immigration policies will likely hit the...

Lait Kaiser and Cult Yogourt to takeover Chagnon Dairy in Quebec

Lait Kaiser and Cult Yogourt of Quebec have purchased the assets of Chagnon Dairy, a local creamery and milk brand, to help strengthen manufacturing of Lait Kaiser to expand Cult...

Dairy Association of Sri Lanka formed

The formation of The Dairy Association of Sri Lanka took place in February.

News in brief

a2 Milk Company buys shares in Synlait

Australia’s a2 Milk Company (a2MC) has announced it will acquire approximately 8.2% of the shares of Synlait Milk Limited.

Kiwi supplement and health food firms targets for Chinese takeovers as dairy deals come under increased scrutiny

New Zealand supplement and health food manufacturers are likely targets for merger and acquisition activity over the next year, with private equity firms, notably from China, increasingly looking to splash...

News in brief

Parmalat acquires cheese firms in Chile

Parmalat S.p.A. has announced that its La Vaquita Holding S.p.A. subsidiary has acquired some companies in the Chilean cheese sector.

Constantia Flexibles acquires dairy lidding company in Italy

Constantia Flexibles Group has acquired TR Alucap, a dairy lidding company in Italy, for an undisclosed amount.  

No issues for Danone Chile takeover

Chile’s Fiscalia Nacional Economica (FNE), the country’s competition authority, has said that a takeover of Danone Chile by Watt’s can go ahead.

AGRANA Fruit acquires Argentinian company Main Process

Austrian fruit processing company AGRANA Fruit, part of the AGRANA Group, has consolidated its presence in the South American market through the acquisition of 100% of the shares in Main...

Mead Johnson Nutrition agrees Reckitt Benckiser takeover

Reckitt Benckiser Group plc (RB) has signed a merger agreement with Mead Johnson Nutrition Company (Mead Johnson) under which Mead Johnson shareholders will receive $90 in cash for each share...

News in brief

Elite Agro takes over Marmum Dairy in UAE

Dubai Investments PJSC has announced that its wholly-owned subsidiary Dubai Investments Industries has divested its 100% stake in Marmum Dairy Farm and its distribution unit United Sales Partners (USP) LLC...

Agropur posts strong earnings for 2016 due to acquisitions and cost-cutting, president says

Agropur posted nearly C$6bn (US$4.6bn) in total revenue for the full year ending Nov. 1, 2016, almost the same as its revenue from 2015 when the company registered C$5.9bn (US$4.5bn)...

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