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Arla Foods announces massive proposed merger with UK Milk Link
Dairy co-operative Arla Foods has announced a proposed merger with Milk Link – a move that will create the UK’s largest dairy industry player.
Yoplait agreement will ‘solidify’ Canadian yogurt industry position - Ultima Foods
Ultima Foods has signalled its intention to “solidify” its leadership of the Canadian dairy industry through a double edged agreement that will see it continue to produce Yoplait brand yogurt and launch...
Glanbia dismisses Dairy Ireland spin-off ‘speculation’
Demand for whey products underpinned a strong first quarter for Glanbia with analysts hailing an ‘encouraging start’ to the year, but the firm has dismissed talk that it plans to...
Nestlé invests in Morocco to boost milk production
Nestlé has announced a multi-million investment plan in Morocco to improve the quality of fresh milk and encourage the development of the dairy industry through the private sector.
Cermex expands palletizing ops with Newtec takeover, eyes liquid dairy growth
Cermex has announced the acquisition of a major part of fellow French end-of-line packaging firm Newtec Group as part of a strategy to strengthen its palletizing operations.
Kerry results boosted by recent acquisitions
Kerry Group’s 2011 acquisitions have performed well for the ingredients and flavours giant, boosting its Q1 results despite challenges in trading conditions.
UK dairy co-op buys sports nutrition firm in “added value” move
UK dairy co-operative First Milk has acquired leading UK sports nutrition player, CNP Professional, as it diversifies its operation out of the increasingly margin-pressured traditional dairy sector.
Nestlé’s €9bn Pfizer buy may face anti-trust trouble
Nestlé’s $11.85bn (€9.02bn) acquisition of Pfizer Nutrition may run into anti-trust hurdles after it beat Danone to the drug giant’s global infant nutrition business, according to an analyst.
Lactalis touted as buyer for Dairy Crest spreads business
As UK dairy player, Dairy Crest, indicates it is ready to flog off its jewel in the crown - St Hubert - a food industry analyst reckons Groupe Lactalis is...
SPX and Smurfit Kappa hail significance of takeovers
Processing specialist SPX Corp and packaging player Smurfit Kappa both completed takeovers this week as they seek to expand their reach in Europe and South America respectively.
Takeover of Swiss valve specialists will boost aseptic expansion - GEA
GEA announced it has acquired Swiss valve specialists Aseptomag as part of its strategy to expand its sterile and aseptic offerings in the company’s core sector- food.
Dairy Crest’s hints at ‘au revoir’ to French spreads as acquisition strategy stalls
Dairy Crest surprised analysts today by announcing a strategic review of its French branded spreads business, St Hubert, with a possible divestment on the cards, and said that large dairy...
Amcor agrees price for Aperio takeover – but the deal is far from done
Amcor today announced it has agreed to pay A$238m (€191m, US$251m) for its controversial proposed takeover of Aperio - its major rival in the Australasian flexible packing arena....
Concerns grow over Amcor's proposed takeover of packaging rival
Amcor’s proposed takeover of Australian packaging company Aperio is motivated primarily by the firm’s desire to eliminate its main rival, could lead to hundreds of job losses and would hit...
FrieslandCampina seizes Balkan takeover opportunity under route 2020 'spearhead'
Dutch dairy cooperative FrieslandCampina has signed a memorandum of understanding with a UK-based venture capital firm to acquire Serbian dairy producers Imlek and Mlekara Subotica, and sees great potential to...
Robert Wiseman agrees multi-million Müller takeover deal: analysts react
Robert Wiseman Dairies says it has agreed the terms of a £279.5m takeover deal by Müller UK (a wholly owned subsidiary of the German dairy giant) and is recommending the...
Safety and operational efficiency mega-trends spur Nalco takeover, says Ecolab
Ecolab said it has completed the US$8.3bn (€6.4bn) takeover of Nalco as part of a strategy to tap into global mega-trends such as food safety and the need for industry...
Competition watchdog scrutinizes Amcor takeover plans
The Australian competition watchdog confirmed it is probing Amcor’s proposed takeover of packaging company Aperio Group to see if the deal would damage competition in the domestic market.
Despite ‘headwinds’ Glanbia could hit acquisition trail again in 2012, analyst
Irish dairy ingredients and cheese manufacturer Glanbia could be on the look-out for acquisitions again in 2012, according to an analyst based in the country.
Arla Foods eyes German dominance with Allgäuland acquisition
Arla Foods has announced the acquisition of German based dairy producer Allgäuland-Käsereien as it aims to become a major player in the domestic dairy market.
Swedish authorities approve Arla's merger with struggling Milko
The Swedish Competition Authority (Konkurrensverket) has approved Arla’s merger with struggling Swedish dairy processor Milko, which had faced bankruptcy in the event of the deal not going through.
Kiwi dairies keen on buying Indian farms, but obstacles remain
New Zealand’s dairy firms, including Fonterra, are looking to buy up farms in India’s burgeoning dairy sector, but may not find going down that road free of bumps, a new...
Synergy expands US flavors empire with Sethness Greenleaf acquisition
Synergy has expanded its US flavors empire with the acquisition of beverage flavors expert Sethness-Greenleaf less than three weeks after snapping up natural extracts specialist Sensus, almost doubling the size...
Four-year plan sees Granarolo target acquisitions and €1.6bn turnover
Italian dairy company Granarolo says it is pursuing a €1.6bn turnover as part of a four-year growth plan that will see the firm pursue more acquisitions both at home and...
Cargill flavours buy not transformational but good fit for Kerry, analyst
Kerry’s acquisition of Cargill’s flavour systems for €168m ($230m) is by no means transformational but will boost the Irish ingredient firm’s beverages and dairy flavours portfolio, claims an analyst....
