DSM to buy Roche division
Ending months of speculation Dutch life science products company
DSM announced today that is to pay CHF 3.5 billion (€2.4 billion)
for Roche's vitamins and fine chemicals division.
When Roche launched the sale of the division...
Arla factory finally on track
Construction of Arla Foods' new milk powder factory in Vimmerby,
Sweden began yesterday after months of delay. According to the
original timetable, work on the factory should have begun in April.
Competition called into question
The UK Competition Commission announced today that it has sent a
remedies letter to both Arla Foods and Express Dairies regarding
their proposed merger.
Plant plans coming together
Irish dairy giant Glanbia, Dairy Farmers of America and Select Milk
Producers have formed a joint venture to build one of the world's
Glanbia on solid foundations
Good underlying performances from Glanbia's prepared food and dairy ingredients businesses partially made up for the firm's exit from the prepared meat market.
New Chr-Hansen-Novozyme alliance
A new alliance, the first of its kind in Denmark, aims to focus on
new technologies to lead to faster and more targeted production and
marketing of new products for the dairy industry. Danish enzyme
company Novozymes will join up...
Arla expands cheese production
Arla Foods' new 12,500 sq m expansion of Høgelund Dairy in Denmark
is now in construction.
Currency fluctuations hit Nestlé sales
The global of Nestlé means that it is particularly susceptible to
currency effects, and first half sales at the food group were down
6.3 per cent as a result.
WBD turns to drink
Russian dairy products group Wimm-Bill-Dann continues to go from
strength to strength, with first half volume sales boosted
considerably by its fruit juice and bottled water operations.
DSM gets cultured
Ingredients company DSM has linked up with culture specialists CSL
to offer cheese and yoghurt manufacturers 'a single source for both
Fonterra raises the standard
Dairy giant Fonterra is about to increase premiums to organic milk
suppliers who choose to meet United States Department of
Agriculture (USDA) standards.
Good news on the Horizon
Organic dairy foods group Horizon Organic reported an increase in
sales of 21 per cent in the US and 20 per cent in the UK during the
second quarter of 2003, compared with the second quarter of 2002.
Fonterra's strategy attracts investors
Dairy multinational Fonterra Co-operative Group has raised US$165
million (€145m) in a private placement of long-term debt to US
Wimm-Bill-Dan invests in baby food plant
Wimm-Bill-Dann Foods said yesterday that it completed the
installation of a new production line at its baby bood plant,
located in Moscow.
Glanbia settles over price fixing
Irish dairy group Glanbia has reached a settlement with the Irish
competition authority over allegations concerning the fixing of the
retail price of milk.