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Trends > Consolidation

Lactalis targets African dairy with Celia takeover

French dairy firm Lactalis has bought out domestic rival Celia in its latest move to expand, giving the group a foothold in the emerging North African dairy market.

Danone eyes acquisition trail

French food and water giant Danone has built up a war chest of up to €1bn to spend on acquisitions over the next three to five years, according to a...

Dairy Crest buys Arla's Express Dairies in UK

Dairy Crest has signed a deal to buy the doorstep milk delivery business of rival Arla Foods UK, claiming the prospect of cost savings outweighs falling demand in the sector.

Emmi buys up Italian yoghurt group

Swiss dairy group Emmi said it would expand its reach in Italy's fresh dairy sector by taking over yoghurt maker Trentinalatte, rounding off another week of consolidation on the European...

Kraft Foods in Danone takeover rumour

French dairy group Danone has seen shares rise after rumours again surfaced that the firm may be taken over by a foreign company, this time Kraft Foods.

Campina buys Argentine dairy ingredient maker Inovatech

Campina has bought dairy ingredient producer Inovatech Argentina, signalling the Dutch-owned company's desire to reach further into the global specialized ingredients market, with an particular emphasis on nutrition.

Lactalis buys Galbani for Italian cheese

Lactalis, France's largest dairy processor, has carried its wheeling and dealing on into 2006 after signing a deal to buy Italian cheese producer Galbani.

Dairy Crest denies Lactalis takeover talks

Dairy Crest, Britain's biggest dairy processor, has denied holding takeover talks with French dairy giant Lactalis, despite the emergence of Lactalis documents weighing up the pros and cons of a...

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...

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