Manufacturers

Westland chairman Pete Morrison said that while Westland will cease to be a cooperative, the board believed the proposed deal is the best outcome for shareholders.

Westland no longer a cooperative as shareholders support Yili deal

By Jim Cornall

Shareholders of New Zealand Westland Co-Operative Dairy Company Limited have overwhelmingly voted in favor of the Scheme of Arrangement under which shares in Westland are to be acquired by Jingang, a wholly owned subsidiary of Inner Mongolia Yili Industrial...

On April 15, 2019, Saputo Inc. completed its acquisition of Dairy Crest.

Dairy Crest becomes Saputo Dairy UK

By Jim Cornall

Following its acquisition by Canadian dairy company Saputo Inc., UK company Dairy Crest has changed its name to Saputo Dairy UK.

Fonterra said the market continues to be attractive for its dairy protein and dairy speciality ingredients.

Fonterra sells foodspring to Mars

By Jim Cornall

Mars has signed an agreement to purchase a majority shareholding in German targeted nutrition business, foodspring and, as part of this transaction, Fonterra has sold its interest in foodspring’s parent Goodminton A.G, and will realize a gain on sale...

New products for June 2019

New in the dairy aisles: June

By Beth Newhart

DairyReporter brings you its monthly round-up of what’s new in the dairy aisles for June 2019.

Dairy Dialog podcast 38: Academy of Cheese and DuPont.

Dairy Dialog podcast 38: Academy of Cheese and DuPont

By Jim Cornall

This week’s podcast re-visits the Vitafoods event in Geneva, Switzerland last month for a wide-ranging interview with Vincent Mathys and Sonia Huppert, from DuPont, as well with Charlie Turnbull from the Academy of Cheese in the UK, which has secured...

In 2019, Froneri launched its new product, Nuii.

Froneri issues annual results for 2018

By Jim Cornall

The joint-venture between PAI Partners and Nestlé, Froneri, which is the world’s third largest ice cream manufacturer, has announced its annual results for the year ending December 31, 2018.

Westland's Rolleston site.

Westland urges shareholders to approve sale to Yili

By Jim Cornall

The board of Westland Co-operative Dairy Company Limited is urging all its shareholders to exercise their votes at, or before, the Scheme Meeting on July 4 to support the sale of the cooperative to Hongkong Jingang Trade Holding Co., Limited, a wholly...