Arla Foods and Campina, two of Europe's largest dairy
co-operatives, have abandoned their much-hyped plans to merge,
after failing to secure the confidence of their respective boards,
Tom Armitage reports.
Irish food group Glanbia and dairy co-operative Connaught Gold will
soon be able to reap synergy benefits, after agreeing to share some
elements of their dairy processing operations, Tom Armitage
New Zealand dairy co-operative Fonterra announced today that it has
pulled out of the three month bidding war to buy National Foods,
crowning San Miguel the new owner of Australia's largest publicly
traded dairy company, Tom...
Givaudan, the world's number one fragrance and flavour player, saw
sales in its flavour division slipping by 6.5 per cent for the
first quarter, impacted by a loss of products and a fall in prices,
writes Lindsey Partos.
First Milk, one of the UK's largest farmer-owned dairy
co-operatives, has been given permission from the Office of Fair
Trading to buy a stake in Robert Wiseman Dairies - another positive
step for UK farmers, giving them more...
A 30 to 35 percent increase in milk prices caused Lifeway Foods'
operating profit to dip more than $0.5 million for full year 2004
on the previous year, despite a 9.7 percent increase in sales of
its probiotic dairy drinks, known...
New Zealand dairy co-operative Fonterra, currently involved in a
bidding war for Australia's National Foods, has been told by the
Australian Takeovers Panel to issue a supplementary bidder's
statement about its possible...
Parmalat, the bankrupt Italian dairy group, has had its proposal to
relist on the Italian stock exchange rebuffed, after Italian stock
market regulator Consob raised questions yesterday over its future
restructuring plans, Tom Armitage...
UK milk processor Robert Wiseman Dairies has confirmed that its
full year results will be in line with analysts' expectations and
has pledged to up its average farmgate milk price for the first
time in over a year, Tom Armitage...
Dairy Crest, the UK's second largest milk supplier, has pledged
that its end of year results will be in line with expectations,
despite turbulent times for its liquid milk division, Tom
Campina, the Dutch dairy co-operative, yesterday informed its
member-farmers that the date of a crucial vote determining whether
it will merge with Arla Foods has been pushed back, to allow both
groups more time to reconsider "unresolved...
Asian drinks conglomerate San Miguel (SMC), currently embroiled in
a bidding war with New Zealand dairy co-operative Fonterra for
Australia's National Foods, is being lined-up as a potential buyer
for New Zealand Dairy Foods,...