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Trends > Consolidation

Arla confident despite Allgäuland takeover setback

Arla Foods remains confident that its ‘take it or leave it’ takeover bid for Southern German dairy co-op Allgäuland-Käsereien will succeed, despite its initial rejection.

Constantia targets emerging markets with Turkish flexible takeover

Constantia has completed a deal to take over a Turkish flexible packaging outfit in a bid to boost growth in developing markets such as the Middle East, North Africa and...

Unilever enters Bulgarian ice cream market with new buy

Food giant Unilever has taken its first steps into the Bulgarian ice cream market by purchasing the country’s second largest in the sector.

FMC tipped to make hydrocolloid acquisition

FMC Corporation is looking to expand its food ingredients portfolio as it strengthens its already strong position in the hydrocolloids market.

Hydrosol to grow dairy portfolio with new buy

Hydrosol is to take over CCA Kilmmeck in its bid to become one of the world leading customized stabilizing suppliers for dairy products.

Lactalis almost certain to secure Parmalat (and the price is right), says analyst

EU approval almost seals the Lactalis acquisition of Parmalat, according to an Italian analyst, who described the bid price as “fair”.

News in brief

EC gives Lactalis the go-ahead for Parmalat acquisition

The European Commission has approved the proposed €3.4bn takeover of Parmalat by Lactalis.

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DuPont takeover prompts resignation of Danisco top brass

Danisco chief executive officer Tom Knutzen and chief financial officer Soren Bjerre-Nielsen have resigned their posts in the wake of DuPont’s €4.44bn takeover that was finalised last month.

General Mills signs Yoplait acquisition agreements

General Mills has entered into definitive agreements to acquire a 51 percent controlling interest in French yogurt maker Yoplait and a 50 percent stake in a related entity that holds...

Lactalis takeover bid rejected by Parmalat

Lactalis’ €3.4bn takeover bid for Italian dairy giant Parmalat has been rejected, following a “unanimous decision” by the firms’ board of directors in Milan yesterday.

Beechdean buys Loseley Ice Cream brands

Beechdean Farmhouse Dairy Ice Cream has bought Loseley Dairy Ice Cream’s brands out of administration, and revealed plans to double its own turnover to £20m within two years as a...

Lactalis launches €3.4bn takeover bid for Parmalat

Lactalis has mounted a €3.4bn takeover bid for Parmalat after government resistance frustrated its initial move to gain control of the company.

Danone's Russian dairy buy helps boost sales by 20 per cent

Danone’s new Russian dairy acquisition helped drive up Q1 sales by 20 per cent, the fastest quarterly growth the company has seen in three years.

Lactalis buys sizeable stake in Parmalat

Lactalis has acquired a 29 per cent share in Parmalat as the Italian government looks into ways of preventing the dairy company from falling into foreign hands.

Arla Foods aims for German top three as members vote for merger

The merger of Arla Foods and German dairy firm Hansa-Milch is now set to go ahead after members of both co-ops voted in favour of the tie-up.

IMA closes acquisition of Sympak dairy pack business

IMA head Alberto Vacchi has said he is very pleased with the ‘vivacious’ nature of the dairy packaging machinery sector having just completed the purchase of the dairy arm of...

Greek authorities approve Unilever ice cream buy

The Greek competition authorities have conditionally approved the purchase of a Greek ice cream brand by food giant Unilever.

DuPont’s Danisco buy boosts probiotics and could spur further acquisitions

DuPont’s €4.9bn acquisition of Danish probiotics and sweeteners specialist Danisco this week is vindication of the increasing economic viability of functional foods, according to analysts.

Schreiber to buy Dean Foods yoghurt business

Schreiber Foods is to acquire Dean Foods’ customer-brand yoghurt business in a bid to increase the company’s production and distribution facilities.

News in brief

Dean Foods’ shares jump as billionaire investor buys stock

Dean Food’s shares jumped up by over 11 per cent on Friday as hedge fund firm Appaloosa Management acquired a 7.35 per cent stake in Dean Foods.

Arla Foods in merger talks with German co-op

Arla Foods is in merger talks with the German dairy co-operative Hansa-Milch as it looks to broaden its portfolio and improve its negotiating position with customers in the country.

News in brief

Arla in merger talks with German dairy co-op

Arla Foods has revealed that it is in merger talks with the German dairy co-operative Hansa-Milch.

RPC agrees takeover of Superfos for €240m

RPC Group has unveiled plans to acquire Superfos for €240m (₤205m) in a bid to boost its product portfolio, technical know-how, and geographical reach.

PepsiCo eyes dairy potential in Wimm-Bill-Dann acquisition

PepsiCo has revealed plans to acquire Wimm-Bill-Dann Foods in a $5.4bn deal that it sees as an opportunity to open up new dairy opportunities.

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Danone and Unimilk finalise Russian dairy merger

Danone and Unimilk have finalised the merger of their fresh dairy businesses in Russia and other CIS countries, creating a new entity with annual sales of about €1.5bn.

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