SUBSCRIBE

Breaking News on Dairy Processing & Markets

Trends > Consolidation

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)...

Saputo posts increased Q3 sales, slightly offset by decline in US dairy sector revenue

Canadian dairy processor and producer, Saputo Inc., posted increased quarterly profits helped by a boost in international prices for dairy products. 

Agropur to expand ice cream market presence with Scotsburn acquisition

Canadian dairy cooperative Agropur has acquired assets of Scotsburn Cooperative Services, expanding its presence in the ice cream and novelties market. 

Reckitt Benckiser in $16.7bn takeover bid for Mead Johnson Nutrition

Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital...

Saputo looks to delist Warrnambool Cheese & Butter after share offer

Canadian dairy company Saputo has made an offer to buy out the remaining shares of Australian firm Warrnambool Cheese & Butter (WCB).

News in brief

Arla Foods UK opens new cheese storage and maturation facility

Arla, the farmer-owned dairy company and UK’s largest cheese manufacturer, has officially opened a new facility for the storage and maturation of its cheese.

Emmi continues acquisitions with Italian Fresh Foods capture

Swiss company Emmi has signed an agreement to buy Italian Fresh Foods S.p.A. (IFF), based in Lasnigo, Como, Italy.

Hochland SE acquires Franklin Foods

Florida-based Franklin Foods Holdings (Franklin), which produces cream cheese, has been taken over by German cheese company Hochland SE.

Müller confirms site closure with loss of 389 jobs

Müller Milk & Ingredients has confirmed its Chadwell Heath plant in London will close, with the loss of 389 jobs.

News in brief

Lactalis looks to scoop up remaining Parmalat shares

The Lactalis Group has announced a voluntary tender offer for the remaining outstanding shares of its subsidiary Parmalat.

Prairie Farms Dairy and Swiss Valley Farms announce merger

US companies Prairie Farms Dairy and Swiss Valley Farms have announced a merger agreement.

Danone & WhiteWave merger cleared by European Commission with divestment of ‘growing-up milk’ in Belgium

The acquisition of WhiteWave by international dairy giant Danone has received final clearance by the European Commission under the EU Merger Regulation.

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...