Manufacturers

The company saw record sales in the US. Pic: Somerdale

Profit grows at Somerdale

By Jim Cornall

Somerdale International Limited, an exporter of British cheese and dairy products, has published its report and accounts for the year ended March 31, 2021.

The private placement by Yili attracted 53 institutional and individual investors from around the world. Pic: Yili

Yili raises $1.89bn from shares

By Jim Cornall

Yili Group has released its non-public offering announcement, signifying the finalization of the largest private placement in the consumer sector on China's A-share market.

The project is expected to create more than 5,000 new jobs for local communities, directly and indirectly. Pic: Yili

Yili Group developing ice cream production facility in Indonesia

By Jim Cornall

Chinese dairy giant Yili Group has officially launched the first phase of the Yili Indonesia Dairy Production Base. Upon completion of its second phase, it will become the country's largest ice cream factory with a daily production capacity of 4m...

Hart Dairy products are available in more than 1,900 retail locations. Pic: Hart Dairy

Hart Dairy receives $20m investment

By Jim Cornall

US company Hart Dairy, a producer of pasture-raised and grass-fed 365-days-per-year milk, has successfully raised a $20m investment to advance the long-term trajectory of the company.

Dairy Dialog podcast 161: BENEO, FAIRR on COP26, GNT

Dairy Dialog podcast 161: BENEO, FAIRR on COP26, GNT

By Jim Cornall

This week, we feature interviews with two companies involved with the upcoming FiE event. We have conversations with Rudy Wouters, head of the BENEO Technology Center and Myriam Snaet, head of market intelligence and consumer insights at BENEO; and Maartje...

At first, the new Dutch manufacturing facility will add 40,000 tons of yogurt production capacity each year. Pic: Getty Images/Andrey Elkin

News in Brief

FAGE to construct new €150m facility in the Netherlands

By Jim Cornall

Greek dairy company FAGE said due to increased sales volumes in Europe, it plans to increase production capacity by constructing a new manufacturing facility at the Riegmeer Hoogeveen business park in the Netherlands.

Dairy Dialog podcast 160: Defend Our Health, DSM, Milcobel

Dairy Dialog podcast 160: Defend Our Health, DSM, Milcobel

By Jim Cornall

This week on the podcast, we have interviews with Pim van Hee, innovation manager dairy and dairy alternatives, and Eric van den Berg, product application expert phages, at DSM Food Specialties; research analyst at Defend Our Health, Roopa Krithivasan;...

Watch: Anuga – Szega

Watch: Anuga – Szega

By Jim Cornall

Szega Foods, a company from Hungary, introduced a range of plant-based products at Anuga.

Watch: Anuga – Alpenhain

Watch: Anuga – Alpenhain

By Jim Cornall

German dairy company Alpenhain was debuting several new products at the recent Anuga event held in Cologne, Germany.

Watch: Anuga – Magda

Watch: Anuga – Magda

By Jim Cornall

Polish company Jogurty Magda was turning heads at the Anuga event held in Cologne, Germany.

Dairy emissions account for 22% of Starbucks global carbon emissions. Pic: Starbucks

Starbucks partnering with Arla on sustainable sourcing

By Jim Cornall

With dairy emissions accounting for 22% of Starbucks global carbon emissions, the coffee chain has partnered with dairy cooperative Arla Foods to work on a three-year pilot to create a sustainable sourcing blueprint. This blueprint will go on to support...

Halo Food recently changed its name from Keytone Dairy.

Halo signs $40m deal with Theland China

By Jim Cornall

Halo Food Co. Limited, which recently changed its name from Keytone Dairy Corporation Limited, has announced its wholly-owned subsidiary Keytone Enterprises (NZ) Company Limited has signed a memorandum of strategic cooperation with Theland New Cloud (Shanghai)...

The company said the product has “an umami and tangy taste profile.

Microalgae-based cheese alternative developed

By Jim Cornall

Sophie's BioNutrients, a food production technology company, together with Ingredion Idea Labs innovation center in Singapore, have collaborated to produce the company’s first microalgae-based cheese alternative from Sophie's BioNutrients'...

Pic: Getty Images/SB

BiaVest and Development Capital to acquire Nomadic Dairy for €29m

By Jim Cornall

Food investment group BiaVest has partnered with Development Capital to acquire Donegal-based Nomadic Dairy from Donegal Investment Group plc for an upfront amount of €23m ($26.7m) and up to €6m ($7m) deferred consideration, contingent on FY 2022 financial...

Pic: Halo Food

News in brief

Hello Halo: Keytone changes name

By Jim Cornall

The Australia and New Zealand based dairy company Keytone Dairy Corporation Limited has a new name: Halo Food Co. Limited.

Pic: Getty Images/Rowena Kong

Saputo net earnings down in second quarter

By Jim Cornall

Canadian dairy company Saputo Inc. has reported its financial results for the second quarter of fiscal 2022, which ended on September 30, 2021.

Arla Foods unveiled its new five-year strategy, Future26, during the COP26 meetings in Glasgow. Pic: Arla Foods

Arla Foods launches new strategy

By Jim Cornall

European dairy cooperative Arla Foods has unveiled a new five-year strategy, called Future26, on sustainable dairy production.

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