To support the global response to the coronavirus crisis, the Tetra Laval Group is donating €10m ($10.9m) to various voluntary organizations supporting the health care systems across the countries the company operates in.
Zenith Global has published its database of food and drink company mergers and acquisitions in 2019, and the data show the previous record high of 777 in 2018 was broken again, with 789, an average of 15 each week.
The Lactalis Group, the world's largest manufacturer of dairy products, is celebrating the 20th anniversary of the first certification to produce organic milk in Spain.
Nestlé, Lactalis and Danone continue leading the global dairy industry, but could see some shakeups in the future, according to a new analysis from Rabobank.
The latest Brand Finance Food & Drink 2019 report shows that, again, Switzerland’s Nestlé tops the food ranking, although its brand value increased by just 1% year on year to $19.6bn.
The CNMC (National Commission on Markets and Competition) in Spain has fined eight companies who operate in the raw cow’s milk supply market for activities between the years 2000 and 2013.
Following the purchase last week of Kraft Heinz natural cheese activities in Canada, French dairy company Lactalis has further dipped into the market by acquiring the US yogurt division of Ehrmann AG.
Powerful establishment has the cards stacked in its favor through margins and scale
Two multinationals have already invested in Indian dairy this year, with January still in play. By such a measure it would appear that the subcontinent market is an attractive place, but foreign majors still have their work cut out for them.
