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Breaking News on Dairy Processing & Markets

Trends > Consolidation

Saputo posts increased Q3 sales, slightly offset by decline in US dairy sector revenue

Canadian dairy processor and producer, Saputo Inc., posted increased quarterly profits helped by a boost in international prices for dairy products. 

Agropur to expand ice cream market presence with Scotsburn acquisition

Canadian dairy cooperative Agropur has acquired assets of Scotsburn Cooperative Services, expanding its presence in the ice cream and novelties market. 

Reckitt Benckiser in $16.7bn takeover bid for Mead Johnson Nutrition

Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital...

Saputo looks to delist Warrnambool Cheese & Butter after share offer

Canadian dairy company Saputo has made an offer to buy out the remaining shares of Australian firm Warrnambool Cheese & Butter (WCB).

News in brief

Arla Foods UK opens new cheese storage and maturation facility

Arla, the farmer-owned dairy company and UK’s largest cheese manufacturer, has officially opened a new facility for the storage and maturation of its cheese.

Emmi continues acquisitions with Italian Fresh Foods capture

Swiss company Emmi has signed an agreement to buy Italian Fresh Foods S.p.A. (IFF), based in Lasnigo, Como, Italy.

Hochland SE acquires Franklin Foods

Florida-based Franklin Foods Holdings (Franklin), which produces cream cheese, has been taken over by German cheese company Hochland SE.

Müller confirms site closure with loss of 389 jobs

Müller Milk & Ingredients has confirmed its Chadwell Heath plant in London will close, with the loss of 389 jobs.

News in brief

Lactalis looks to scoop up remaining Parmalat shares

The Lactalis Group has announced a voluntary tender offer for the remaining outstanding shares of its subsidiary Parmalat.

Prairie Farms Dairy and Swiss Valley Farms announce merger

US companies Prairie Farms Dairy and Swiss Valley Farms have announced a merger agreement.

Danone & WhiteWave merger cleared by European Commission with divestment of ‘growing-up milk’ in Belgium

The acquisition of WhiteWave by international dairy giant Danone has received final clearance by the European Commission under the EU Merger Regulation.

Organic Valley to grow brand through joint venture with Dean Foods

A joint venture between Dean Foods Company and Organic Valley will bring the independent farmer cooperative’s dairy products to more US stores through Dean’s extensive refrigerated distribution network. ...

Müller to invest in some UK sites, and close one

Müller Milk & Ingredients (MMI) is investing in five of its UK facilities, and pulling the plug on another.

Ornua acquires US dairy ingredients business CoreFX

Ornua, Ireland’s largest exporter of Irish dairy products, has acquired the CoreFX Ingredients division of MCT Dairies, Inc. and a powder ingredient production facility in Orangeville, Illinois. 

Gay Lea Foods takes over Stirling Creamery, creates JV in Manitoba

Canadian company Gay Lea Foods Co-operative Limited has announced it has entered into an agreement to acquire the business of The Stirling Creamery Limited, effective November 1, 2016.

'The race is on in this industry to take positions for future growth of probiotics.'

Probiotics giant buys world’s best-documented strain

Danish probiotics and enzymes leader Chr Hansen has paid €73m in cash to acquire the Lactobacillus rhamnosus-based LGG suite of probiotic strains from Finnish dairy group, Valio.

Second plant shutdown this year: Scotburn’s new CEO under ‘tremendous pressure’

Scotsburn Ice Cream Company, maker of frozen novelty desserts, will shut down its production facility in St. John's, Newfoundland and Labrador, on Dec. 9, 2016, as the company is under...

Danone, WhiteWave deal ‘raises serious questions about the future of the organic milk supply market’ Cornucopia Institute tells FTC

Danone’s proposed acquisition of WhiteWave Foods will “have a serious anti-competitive effect on the organic yogurt and organic fluid milk markets in the US,” the Cornucopia Institute has told the...

Bel Group to acquire MOM Group from LBO

The Bel Group and MOM Group’s management team have agreed to undertake exclusive negotiations with LBO France to acquire the MOM Group.

Emmi takes over Mittelland Molkerei

Swiss dairy company Emmi, which already had a 60% stake in Mittelland Molkerei AG, is acquiring a 40% share package from AZM Verwaltungs AG, the investment firm of the Mittelland...

TINE savings mean potential plant closures

TINE SA has announced changes that will affect several of its Norwegian plants.

News in brief

Arla opens distribution terminal near Hamburg

Arla has opened a distribution terminal with a combined 10,000m² warehouse with cooling areas and office buildings in Heidenau, near Hamburg, Germany.

Probiotic pick up: Probi to double sales with Nutraceutix acquisition

Probi has acquired US probiotic player Nutraceutix for a preliminary cash price of $105m (€92.41m), a move which takes the Swedish supplier’s US client base from just a handful of...

News in brief

Valio looks to close dairy plant

Valio is expecting to close its Tampere facility in Finland, with 50 jobs potentially affected.

News in brief

Grupo LALA taking over Laguna Dairy assets

Mexican dairy company Grupo LALA has announced that it has entered into an agreement to acquire certain assets from Laguna Dairy's branded business in the US for $246m.

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