Big Brands

Fonterra has stopped its global CEO search to review its current portfolio and direction, and appointed its chief operating officer, Farm Source, Miles Hurrell, as interim CEO.

Fonterra opts for interim CEO

By Jim Cornall

Fonterra Co-operative Group has announced Miles Hurrell will take over as the New Zealand cooperative’s interim chief executive with immediate effect, and the search for a new CEO will temporarily be halted.

Future Consumer Ltd is part of the Future Group, which plans to launch 1,100 stores in India this year.

New Fonterra JV looks to Indian market

By Jim Cornall

Fonterra has announced a joint venture partnership with one of India’s largest consumer companies, Future Consumer Ltd, to produce a range of consumer and foodservice dairy products for the Indian market.

HUL currently markets ice creams and frozen desserts under the Kwality Wall’s and Magnum brands.

Hindustan Unilever to acquire Adityaa Milk ice cream business

By Jim Cornall

In India, Hindustan Unilever Limited (HUL) has announced it has signed an agreement with Vijaykant Dairy and Food Products Limited (VDFPL) and its group company to acquire its ice cream and frozen desserts business consisting of its brand Adityaa Milk.

A variety of new products have been launched over the past month. Pic: ©Getty Images/titoOnz

Product launches: July 2018

By Beth Newhart and Jim Cornall

Our monthly round-up of some of the new products in the dairy and dairy-alternative space this month includes products in the UK, US and Taiwan.

The cost of the latest installation at the San Francisco de Macorís plant was $10m

Nestlé Dominicana expands its dairy factory

By Jim Cornall

Nestlé Dominicana, S.A. has inaugurated its new dairy production line for the Carnation and other dairy drinks brands (including Nesquik, Impulso, and others).

John Wilson has stood down from his position as Fonterra chairman with immediate effect as he recovers from a recent health scare.

Fonterra chairman resigns

By Jim Cornall

New Zealand’s Fonterra Co-operative Group Ltd has announced that John Wilson has stood down from his position as chairman with immediate effect as he recovers from a recent serious health scare.

Arla Foods UK is warning specialty cheese could be ‘very scarce’ and other dairy products an ‘occasional luxury’ if a London School of Economics report on Brexit scenarios comes to fruition. Pic: Getty Images/Azure-Dragon

Arla foresees post-Brexit dairy problems for UK consumers

By Jim Cornall

European dairy cooperative Arla Foods says Brexit could leave UK consumers with less choice and higher prices, turning everyday staples, like butter, yogurts, cheese and infant formula, into occasional luxuries, and making speciality cheeses ‘very scarce.’