Breaking News on Dairy Processing & Markets

Trends > Consolidation

Parmalat 'strengthens its position' in Australia with Harvey Fresh buy

Italian dairy giant Parmalat has moved to strengthen its market position Down Under through the acquisition of Australian dairy and juice product manufacturer Harvey Fresh.

Arla unveils proposed merger with Belgian coop EGM Walhorn

Arla Foods cooperative membership could be extended to the Netherlands "for the first time" through its proposed merger with Eupener Genossenschaftsmolkerei Walhorn (EGM Walhorn).

Majority of Parmalat board resigns in wake of LAG probe

With the criminal investigation into Parmalat's May 2012 acquisition of Lactalis American Group (LAG) now seemingly closed, nine members of Italian firm's board have resigned.

Glanbia quiet on Muscle Milk firm takeover reports

Irish dairy giant Glanbia has declined to comment on "speculation" that it is in advanced talks to acquire the American company behind the popular Muscle Milk protein drink brand....

INSIDE...TETRA PAK MODENA

'Share the pain and gain' within the dairy value chain: Tetra Pak

Competitive pressure within the dairy industry as a result of "industry consolidation and raw rising material costs" has become a key driver of technological developments at Tetra Pak, the company's...

Dean Foods, DFA facing alleged 'conspiracy not to compete' lawsuit

A dismissed antitrust lawsuit alleging a “conspiracy not to compete” between Dean Foods, Dairy Farmers of America (DFA) and National Dairy Holdings (NDH) has been reinstated by a US federal...

Australian regulator blocks Saputo WCB takeover bid

Canadian dairy giant Saputo has been ordered by the Australian Takeovers Panel not to process any acceptances received under its latest bid for Warrnambool Cheese and Butter (WCB), following a...

Murray Goulburn attempts to block Saputo's 'simplified' WCB takeover bid

Murray Goulburn has asked the Australian Takeovers Panel to force Saputo to drop its recent “improved and simplified” offer for in-demand Warrnambool Cheese and Butter (WCB), and reinstate previously proposed special dividends....

Saputo launches ‘improved and simplified’ WCB takeover bid

Canadian dairy giant Saputo has tabled an “improved and simplified” takeover offer for in-demand Australian dairy Warrnambool Cheese and Butter (WCB).

Farmers march on Canberra to question Saputo's foreign ‘advantage’

Dairy leaders from the Australian state of Victoria have descended on Canberra to petition lawmakers for a more “level playing field” as the local industry fights against foreign imports and...

Warrnambool backs latest 'superior' Saputo takeover bid

Warrnambool Cheese and Butter (WCB) has again given its backing to the latest takeover bid by Canadian dairy giant Saputo, rejecting rival offer by Murray Goulburn and Bega Cheese.

Fonterra to acquire under-administration Tamar Valley Dairy yogurt assets

Fonterra has moved to strengthen its leading position in the Australian yogurt sector through the acquisition of Tasmanian firm, Tamar Valley Dairy, which went into administration earlier this year.

FrieslandCampina cuts 246 jobs in Netherlands

Dutch dairy giant FrieslandCampina will cut 246 jobs when it closes two plants in Eindhoven and Woerden, Netherlands.

Murray Goulburn proposes $405m takeover of Warrnambool

Murray Goulburn has challenged Canadian giant Saputo’s attempted acquisition of Warrnambool Cheese and Butter (WCB) with an offer that, if accepted, would create one of the largest Australian food and...

Mengniu set to acquire majority stake in Chinese infant formula manufacturer Yashili

Mengniu has launched a general offer to acquire all outstanding shares of Hong Kong-based infant formula manufacturer Yashili International Holdings – the latest move by the company's to increase its...

Nestlé agrees to licence out Pfizer infant nutrition brands in Australia, Southern Africa

Pharmaceuticals supplier, Aspen, has entered into an agreement with Nestlé to acquire the licences to sell the firm’s recently-purchased Pfizer infant nutrition brand portfolio in Australia and several Southern African...

Nestlé to sell-off Mexican Pfizer infant formula business in anti-trust deal

Mexican anti-trust officials have approved Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition on the condition that the Swiss firm sells off the acquired infant formula business to an independent third...

FrieslandCampina cheese and packing acquisition granted ‘conditional’ EC approval

FrieslandCampina has been given the go-ahead to complete its acquisition of Dutch specialist cheese manufacturer, Zijerveld, and its packing business - but only under conditions designed to ensure competition in...

Dairy Crest acquires struggling Proper Welsh Milk from administrator

British dairy processor Dairy Crest has acquired Proper Welsh Milk for £325,000 ($490,000) – just hours after the struggling Carmarthenshire-based dairy processor went into administration.

Parmalat 'shocked' by prosecutors call to cancel LAG acquisition

Italian prosecutors have asked for Parmalat’s $904m acquisition of Lactalis American Group (LAG) to be cancelled and the Parma-based dairy giant’s board to be removed, according to reports.

Nestlé facing Pfizer Nutrition re-brand under South African approval

The South African Competition Tribunal has approved Nestlé’s takeover of Pfizer Nutrition – but only under the condition that the acquired infant formula brands are licensed out and re-branded in...

SA anti-trust authority recommends Nestlé-Pfizer Nutrition deal

The South African Competition Commission has given its blessing to Nestlé’s $11.85bn global acquisition of Pfizer Nutrition – leaving it in the hands of the country’s Competition Tribunal to approve...

News in brief

Nestlé India to acquire 26% stake in local milk collector

Nestlé India has entered into an agreement to acquire a minority stake in milk collector Indocon Agro and Allied Activities Private Limited.

Mengniu and China Modern Dairy deny acquisition talks…..again

Chinese dairy giant Mengniu has denied that it is in talks to acquire farming company China Modern Dairy, after reports emerged that discussions regarding a deal were on-going.

Nestlé quiet on Pfizer Nutrition-driven Latin American assets sale rumour

Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win...

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