All news articles for February 2017

Mead Johnson has agreed to a Reckitt Benckiser takeover deal.

Mead Johnson Nutrition agrees Reckitt Benckiser takeover

By Jim Cornall

Reckitt Benckiser Group plc (RB) has signed a merger agreement with Mead Johnson Nutrition Company (Mead Johnson) under which Mead Johnson shareholders will receive $90 in cash for each share of common stock, valuing the total equity at $16.6bn.

Marmum Dairy has been sold by Dubai Investments PJSC to Elite Agro. Pic: ©iStock/Somchaij

Elite Agro takes over Marmum Dairy in UAE

By Jim Cornall

Dubai Investments PJSC has announced that its wholly-owned subsidiary Dubai Investments Industries has divested its 100% stake in Marmum Dairy Farm and its distribution unit United Sales Partners (USP) LLC to UAE-based Elite Agro LLC, a subsidiary of...

Danone aims to complete renovation of its space in White Plains by early 2018. Photo: Google Maps

Danone relocating US headquarters

By Mary Ellen Shoup

Danone North America confirmed that it will move its headquarters from Greenburgh to White Plains, New York, remaining in the same county of Westchester.

Swiss dairy company Emmi said while Switzerland accounts for the majority of its sales, there was growth in its Americas division.

Americas division helps Emmi sales

By Jim Cornall

Swiss dairy company Emmi increased group sales by 1.4% to CHF 3.26bn ($3.26bn) in 2016, however, excluding currency and acquisition effects, this equates to a decline of 1.0%.

Along with the purchase of Murray's Cheese, Kroger will gain ownership of the specialty cheese retailer's flagship locations in New York City.

Kroger acquires Murray’s Cheese

By Mary Ellen Shoup

Kroger has purchased New York-based Murray’s Cheese, a chain of specialty cheese shops. The acquisition also includes the purchase of the cheese chain’s flagship locations on Bleecker Street and Grand Central Market in New York City.

A Kadence International study has found that Meiji and Marigold dominate the yogurt market in Singapore. Pic: ©iStock/szefei

Guest article

Top 5 yogurt brands in Singapore

By Patrick Young, insight director, Kadence International

Yogurt is enjoyed by almost all age groups across all regions, and endorsed now more than ever due to its probiotic benefits and nutrition value.

© iStock/shironosov

Probiotic may reduce the risk of common cold: Yakult study

By Stephen Daniells

Daily consumption of a fermented milk product with Lactobacillus casei strain Shirota may reduce the risk of upper respiratory tract infections (URTIs) in healthy middle-aged office workers, says a new study.

Westland CEO Toni Brendish said that Westland is conducting a further review of staff roles to increase efficiency and reduce cost throughout the group.

Job losses likely at Westland

By Jim Cornall

New Zealand cooperative Westland Milk Products has announced it is conducting a further review of staff roles throughout Westland Group (Westland Milk Products, Westland Shanghai and EasiYo).