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Breaking News on Dairy Processing & Markets

Trends > Consolidation

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.

Expanding Israeli firm buys IFF's natural fruit flavours

Ambitious Israeli flavours firm Frutarom has bought the European natural fruit preparations business from the world's number two flavours player just months after completing on the Swiss botanical extracts firm...

DFB acquisition sees further UK dairy consolidation

Dairy Farmers of Britain's £75 million acquisition of Associated Co-operative Creameries means further consolidation within the UK's tough dairy sector, writes Anthony Fletcher.

Huber buys number one xanthan gum and pectin slot

Family-owned US firm JM Huber has become the number one pectin, xanthan gum and CMC supplier after yesterday agreeing to buy leading hydrocolloid firm CP Kelco from merchant bank Lehman...

Danisco closes Rhodia acquisition

The acquisition of Rhodia Food Ingredients by Danisco has finally been completed today, bringing the Danish ingredients group one step closer towards its goal of becoming a leading supplier of...

Numico buys Valio's baby food business

Leading formula maker Royal Numico is to buy the baby food business of Finland's Valio for €57 million in cash, the companies revealed yesterday.

Kerry consolidates flavour position with new acquisitions

Acquisitive ingredients firm Kerry will spend €170 million on four bolt-on flavour acquisitions announced yesterday as the €3.7 billion Irish company continues to consolidate its position in the highly competitive...

WBD buys up Uzbekistan dairy

Despite recently announcing end-of-year results which were impacted by last year's heavy investment programme, Wimm-Bill-Dann is continuing its aggressive expansion policy with a major investment in an Uzbekistan dairy facility.