Lactalis

Some of the Iögo, Iögo Nanö and Olympic brand products. Pic: Lactalis

Lactalis Canada buying Agropur's Canadian yogurt business

By Jim Cornall

Lactalis Canada Inc., formerly Parmalat Canada Inc., a subsidiary of Lactalis Group, has reached an agreement with Agropur Cooperative to acquire all shares of its Canadian yogurt business, Ultima Foods Inc.

Lactalis will acquire a portfolio of brands including Cracker Barrel, Breakstone’s, Knudsen, Polly-O, Athenos, Hoffman’s and, outside the US and Canada only, Cheez Whiz. Pic: Kraft Heinz

Lactalis to acquire Kraft Heinz’s natural cheese division

By Jim Cornall

French-headquartered Lactalis Group has entered into a definitive agreement for the acquisition by its US affiliate of Kraft Heinz’s natural, grated, cultured and specialty cheese businesses in the US, grated cheese business in Canada, and entire international...

Yili has overtaken Danone to become the most valuable dairy brand in the world, as well as claiming second position in the overall Brand Finance Food 50 2020 ranking.

Yili tops Brand Finance list of world’s most valuable dairy brands

By Jim Cornall

The food & drink sector is one of the few sectors that should suffer limited impact as a result of the COVID-19 pandemic, with the world’s top food & drink brands unlikely to lose brand value, according to the latest Brand Finance Food & Drink...

Dairy companies and organizations responded swiftly to the latest IATP report.

Dairy sector takes issue with IATP report

By Jim Cornall

The dairy industry has been quick to respond to a new report from the Institute for Agriculture and Trade Policy (IATP), Milking the Planet: How Big Dairy is heating up the planet and hollowing rural communities.

Lactalis Nestlé is donating product to hospitals in Guadalajara and Madrid, Spain.

Tetra Laval Group, Lactalis Nestlé and Danone make contributions

More coronavirus donations announced

By Jim Cornall

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.

Saputo's takeover of Dairy Crest in the UK was the sector's biggest acquisition in 2019.

Mergers and acquisitions up again in annual Zenith report

By Jim Cornall

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.

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