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Trends > Consolidation

Takeover rumours boost Danone's shares

Danone is once again at the centre of takeover speculation as traders predict that American rival Kraft may make a bid for the French food company.

Fonterra buys stake in Chinese dairy race

The New Zealand dairy co-operative has bought a 43 per cent stake in one of China's biggest dairy processors, as the world's dairy giants scramble for position in one of...

Fonterra to upgrade Northland plant, buys Kapiti

New Zealand dairy firm Fonterra will spend around $15 million upgrading its Northland site next year, it said today.

Wild acquisition strengthens European flavour position

Rudolf Wild's acquisition of a facility in Nauen should strengthen the German company's position in the lucrative European flavours market.

Danone chair supports takeover transparency law

Danone's chairman appeared to defend French government proposals for more transparency from firms during takeover rumours, in an internal interview concerning the recent PepsiCo gossip.

Glanbia buyout sends Milk Link profits crashing

Milk Link's acquisition of Glanbia Foods has proved a mixed bag for the UK dairy cooperative over the last year - pushing up sales yet slamming profits into the red...

Campina merger targets branded dairy trend

Campina will merge its European dairy businesses to insulate against retailer pressure and take advantage of growing consumer demand for branded, added value dairy products, reports Chris Mercer.

Cargill drives into whey derivatives market through Brazilian buy

Signing yet another deal to feed its seemingly insatiable appetite for acquisitions, US ingredients firm Cargill makes a drive into the whey derivatives market, reports Lindsey Partos.

Chr Hansen eyes acquisitions as new owner brings cash

Chr Hansen is already on the look out for new acquisitions as the firm enjoys a fresh financial thrust from its new private equity owners, PAI partners, reports Lindsey Partos.

Private equity buys Chr Hansen

Ending months of speculation, the food ingredients arm of Chr Hansen has a new owner: not a fellow industry player but food acquisitive private equity firm PAI partners, reports Lindsey...

Saputo completes cheese acquisition

Canadian dairy processor Saputo earlier this week completed its acquisition of Fromage Cote and Distributions Kingsley.

Campina, Arla announce merger vote setback

Campina, the Dutch dairy co-operative, yesterday informed its member-farmers that the date of a crucial vote determining whether it will merge with Arla Foods has been pushed back, to allow...

San Miguel rumours mount over NZ dairy acquisition

Asian drinks conglomerate San Miguel (SMC), currently embroiled in a bidding war with New Zealand dairy co-operative Fonterra for Australia's National Foods, is being lined-up as a potential buyer for...

Graham Packaging buys Tetra Pak HDPE plants

US-based Graham Packaging is to acquire four Tetra Pak plants that make HDPE (high-density polyethylene) plastic bottles for nutritional beverages and value-added dairy beverages supplying markets in Belgium, Brazil, Turkey,...

Napier Brown confirms takeover talks

UK sugar and dairy powder firm Napier Brown Foods confirmed rumours this week that it is in discussions that could lead to a possible takeover, writes Lindsey Partos.

Arla voices concern over Campina merger

Committee members of Danish-Swedish dairy co-operative Arla Foods have voiced concerns over a financial technicality which could throw its approaching merger with Campina into disarray, Tom Armitage reports.

San Miguel seals dairy deal amid acquisition flurry

Asian drinks conglomerate San Miguel has acquired a majority stake in King's Creameries, a Singapore-registered ice cream producer - but with new debt already financing its current expansion strategy and...

Lactalis continues recent acquisition flurry

France's biggest dairy producer Lactalis is set to acquire fellow French dairy producer Pochat, another acquisition aimed at strengthening its branded, consumer dairy product line-up, Tom Armitage reports.

RFI acquisition lifts Danisco 1H

The bolt-on acquisition of Rhodia Food Ingredients earlier this year helps boost sales for Danish ingredients and sugar group Danisco in an otherwise challenging 2004/05 first half.

Glanbia acquisition for nutritional business

Dairy ingredients firm Glanbia has bought the German nutrient delivery systems company Kortus for €14.5 ($19.15) million, it said yesterday, strengthening its product range and solution capability.

Nordmilch, Humana Milchunion call off German merger

Germany's two largest dairies have terminated an agreement to merge. Nordmilch, Germany's leading dairy co-operative, and Humana Milchunion were set to merge in January 2005, but since have cited "timing"...

French IFF purchase cleared for Frutarom

Bolt-on acquisitions move ambitious Israeli flavours firm Frutarom a step closer to its ambitions to reach the top ten flavour club with the firm closing down on the purchase of...

Merger in the pipeline for German dairy giants

The boards of Germany's two largest dairy companies, Bremer Nordmilch and Humana Milchunione, have announced plans they are to merge. The proposal is due to come into effect as of...

Lactalis buys its way into ex-Soviet dairy markets

French dairy giant Lactalis has grabbed immediate supremacy in two former Soviet countries and paved the way for an expansion of its own brand products after signing a deal to...

Lactalis cleared for Spanish takeover

Lactalis, the French dairy group, has been given the green light to acquire two Spanish producers, Grupo Prado Cervera and Central Lechera Vallisoletana, by the European Commission's competition authorities.

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