Two of Europe's leading dairy groups have unveiled a merger which
will propel to second place in the global dairy rankings and create
the world's largest dairy co-operative. Top of the agenda for
Campina and Arla Foods will...
Richmond Foods, the British ice cream manufacturer, consolidated
its position in 2004 with a rise in turnover despite less
favourable market conditions than in the previous year. And the
company is confident of further growth in 2005,...
A focus on strong brands in a market dominated by own label
products helped Arla Foods UK post impressive growth figures in
2004. And with increasing pressure on milk suppliers from the
multiple grocers likely to curb profitability,...
Emmi, the leading Swiss dairy company, has announced it is to make
an initial public offering (IPO) in a bid to bolster export sales
and consolidate investment across its nutritional dairy-based
drinks division, Tom Armitage reports.
Number one cultures supplier Chr. Hansen is up for sale as its
major stakeholder decides to pull away from the ingredients slice
of the company to focus on the pharmaceutical unit. The move will
make the company's still growing...
Parmalat, the bankrupt Italian dairy group, is bracing itself for
the verdict of an Italian judge, which could force Enrico Bondi,
the group's government-appointed administrator, to reconsider
claims from former creditors worth...
The ingredients division of Danish cultures and colours firm Chr.
Hansen pulled in a DKK 369 million (€49m) profit for the year on
sales of DKK 3.4 billion (€460m), a slight dip on the previous year
on rising costs.
Dutch dairy producer Friesland Coberco says it is transferring its
China manufacturing operations to its joint venture partner,
Tianjin Sino-Finnish Dairy Research due to the 'rapidly
deteriorating conditions' in the dairy...
Nestlé Ireland has angered local politicians and businessmen with
the decision to close its chocolate crumb manufacturing facility in
Mallow, a move which could have a devastating knock-on effect for
local partner, Dairygold. But...
Germany's two largest dairies have terminated an agreement to
merge. Nordmilch, Germany's leading dairy co-operative, and Humana
Milchunion were set to merge in January 2005, but since have cited
"timing" and "restructuring...
Dairy Crest, the British milk supplier which lost out to rivals
Arla and Wiseman in the recent rejig of supermarket supply
contracts, remains confident of a "satisfactory" full-year
performance after a first half of solid...
First Milk, the biggest farmer-owned milk supplier in the UK, is to
take a 15 per cent stake in Robert Wiseman Dairies, one of the
country's top milk processors, in a deal seen as bringing the two
sides of the dairy supply chain...