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Breaking News on Dairy Processing & Markets

Trends > Consolidation

Parmalat set to acquire Brazilian UHT milk and cheese operations

Parmalat looks set to acquire the UHT milk and cheese operations of Brazilian dairy Lácteos do Brasil (LBR), which filed for bankruptcy protection in 2013, for R$250m (US$110m, €83m)....

Agropur to double US presence with Davisco Foods acquisition

Canadian dairy Agropur has agreed to acquire the processing assets of Minnesota cheese and whey ingredients manufacturer Davisco Foods International - a deal that will double its US operational presence.

Canadian coop Agropur continues domestic dairy expansion

Canadian dairy cooperative Agropur has furthered its domestic expansion efforts - announcing two acquisition agreements in less than a week.

Fonterra and Dairy Crest enter infant formula ingredients partnership

Dairy Crest and Fonterra have entered into a strategic partnership to produce and market infant formula ingredients, demineralized whey powder and galacto-oligosaccharide (GOS).

Fonterra, Dairy Crest quiet on demineralized whey partnership reports

British firm Dairy Crest has confirmed it will be “partnering with someone” to supply demineralized whey powder for infant formula, but declined to confirm reports it is close to sealing...

News in brief

Arla Foods given go-ahead to complete EGM Walhorn merger

Arla Foods’ has been given the green light by relevant competition authorities to complete its merger with European dairy cooperative Eupener Genossenschaftsmolkerei Walhorn (EGM Walhorn).

Breaking news

Hormel Foods to acquire CytoSport and its Muscle Milk Sports Nutrition Products

Muscle Milk maker CytoSport is being acquired by Hormel Foods for a tasty $450 million.

R&R Ice Cream boasts 'unique presence' through Australian Peters deal

Europe's largest private label ice cream manufacturer R&R has acquired Australian rival Peters Food Group - a deal that gives it a "unique presence in the European and Australian markets."...

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...

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