Manufacturers

New appointments from the world of dairy in September. Pic:© Getty Images/VectorStory

September appointments in dairy

By Mary Ellen Shoup and Jim Cornall

It has been a busy month with announcements at many companies and organizations in September, with perhaps the biggest being a change at the top of Dutch dairy giant FrieslandCampina.

The area around Pyengana in Tasmania is home to many dairy farms. Pic:© Getty Images/Andesign101

TasFoods to take over Pyengana Dairy

By Jim Cornall

Australia’s TasFoods Group has announced the acquisition of the assets of Pyengana Dairy Company for a cash deal of A$1.55m (US$1.21m).

Westland's CEO said the result is a 'break even.' Pic: Westland

Westland Milk Products breaks even for 2016-17

By Jim Cornall

New Zealand’s second biggest dairy cooperative, Westland Milk Products, has recovered from a loss in the 12 months ended July 31, 2016, to post a break-even profit before tax for the 2016-17 financial year.

Fonterra's Te Rapa plant was one of those benefiting from investments.

Fonterra 2017 revenue up but profits fall 15%

By Jim Cornall

Fonterra has announced its 2017 annual results, which show revenue up to NZ$19.2bn (US$14bn), but net profit after tax dropped by NZ$745m (US$542m), an 11% reduction.

Murray Goulburn struggling to find suitor for buyout

Australia

Murray Goulburn struggling to find suitor for buyout

By RJ Whitehead

Troubled Australian dairy co-operative Murray Goulburn has called for an end to media speculation over a potential buyout—even calling into question the likelihood of a takeover itself. 

Job losses have been announced at two of First Milk's facilities. The Haverfordwest Creamery in Wales produces Pembrokeshire cheddar and cheeses such as Red Leicester and Double Gloucester for the own label retail sector. The Lake District Creamery site produces whey protein products as part of a JV with Fonterra.

First Milk announces job losses

By Jim Cornall

UK dairy company First Milk announced today that after a review, changes are being made to improve the productivity and efficiency of its Lake District and Haverfordwest creameries with the loss of around 30 jobs.