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Breaking News on Dairy Processing & Markets

Trends > Consolidation

Fonterra cleared to acquire NZDL processing assets

Dairy exporter Fonterra has been cleared to acquire the processing assets of New Zealand Dairies Limited’s (NZDL) by the New Zealand Commerce Commission.

Glanbia signs Dairy Ingredients Ireland JV agreement

Irish dairy giant Glanbia has signed a Memorandum of Understanding with Glanbia Co-operative Society Limited to enter into a joint venture in respect of its Dairy Ingredients Ireland (DII) business.

Pro Mach acquisition drives move into liquid filler market

Pro Mach has acquired Federal Manufacturing for an undisclosed amount to enter the liquid filler market.

JV processing plant given go-ahead despite continuing talks - Glanbia

Irish dairy giant Glanbia has been granted permission to build a new processing plant – a development planned in anticipation of its potential joint venture with Glanbia Co-operative Society Limited.

China Modern Dairy denies Mengniu takeover talks

China Modern Dairy Holdings - China’s largest milk producer - has denied any knowledge of talks designed to discuss its takeover by Mengniu.

Sealed Air takeover birthed dairy ‘farm to fork’ hygiene concept - Diversey

Sealed Air’s 2011 acquisition of cleaning, sanitation and hygiene solutions provider Diversey has birthed a unique concept in the dairy industry – hygiene solutions from ‘farm to fork’.

Phantom bidder calls for investigation into proposed Fonterra acquisition

The New Zealand Commerce Commission has been urged to investigate the proposed sale of New Zealand Dairies Limited’s (NZDL) processing assets to Fonterra, after an unsuccessful bidder claimed to have...

News in brief

Land O’Lakes gets green light for dairy desserts acquisition

The US Federal Trade Commission has cleared Land O’Lakes' acquisition of chilled dairy desserts manufacturer Kozy Shack.

News in brief

Coca-Cola owned juice firm given Mexican dairy acquisition approval

Mexican competition authorities have given the go ahead for Coca-Cola-owned juice maker, Jugos del Valle, to acquire Mexican dairy firm, Santa Clara.

Land O’Lakes enters Kozy Shack chilled dairy desserts acquisition agreement

US dairy giant Land O’Lakes has entered into an agreement to acquire US-based chilled dairy desserts manufacturer Kozy Shack Enterprises.

Irish Dairy Board boosts UK ingredients position through acquisition

The Irish Dairy Board (IDB) has acquired UK-based cheese ingredients firm The Cheese Warehouse - strengthening its position in the country’s ingredients sector.

Processing acquisition will boost raw milk competition, not reduce it – Fonterra

Dairy exporter Fonterra has claimed that its proposed acquisition of New Zealand Dairies’ (NZDL) Studholme processing plant will boost competition for raw milk on the country’s South Island, rather than...

Louis Dreyfus Commodities to buy Dutch dairy trader Ecoval

Global trader Louis Dreyfus Commodities (LDC) has agreed to buy Dutch trading firm Ecoval Holdings BV in an effort to tap into emerging market demand for dairy products and ingredients.

Danone set to acquire majority share in Moroccan dairy giant

French dairy giant Danone has entered into an agreement that, if completed, will see it become the majority shareholder in Morocco’s leading dairy product firm.

Glanbia breaks spin-off silence with new JV blueprint

Glanbia hinted yesterday that it is close to spinning-off its Irish dairy ingredients business, but said no deal would be sealed between management and its major cooperative shareholder before August.

News in brief

Arla board approves British and German dairy mergers

Arla Food’s proposed mergers with UK-based co-operative Milk Link and German dairy firm Milch-Union Hocheifel (MUH) have been approved by its board of representatives.

BREAKING NEWS

Arla Foods supply deal secures Chinese product pipeline for infant formula firm

Arla Foods has signed a financing and supply agreement with signficant pediatric nutrition and baby care product producer Biostime International Holdings to supply the Hong Kong-listed company with infant formula. ...

Fonterra boosts dairy powder power with takeover swoop

Fonterra has signed a conditional agreement to acquire the milk processing assets of South Canterbury-based New Zealand Dairies (NZDL), and said the dairy site would boost its export capacity, where...

FrieslandCampina enter acquisition agreement in latest growth strategy move

Dutch dairy giant Royal FrieslandCampina (FC) has entered into an agreement with the Irish Dairy Board to acquire its Belgium-based continental cheese packing segment IDB Belgium N.V.

Fonterra enter agreement to build Netherlands dairy ingredients plant

Dairy giant Fonterra has entered into a “mutually beneficial” agreement that will see it process dairy ingredients in the Netherlands for the first time.

Arla-Milk Link merger could signal Dairy Crest demise – M&A expert

Arla Food’s proposed merger with UK-based dairy cooperative Milk Link could signal the demise of Dairy Crest, a food sector mergers and acquisitions expert has claimed.

FrieslandCampina ‘regrets’ Balkan dairy acquisition collapse

Royal FreislandCampina (FC) has expressed “regret” following the end of talks surrounding the acquisitions of two Balkan-based dairy producers.

Parmalat set to re-enter US dairy market after ‘intragroup acquisition’

Parmalat has completed the “intragroup acquisition” of Lactalis American Group Inc. (LAG) – a move that will secure its entry into the US dairy market and strengthen its position in...

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...

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