Enrico Bondi, the government-appointed special administrator of
bankrupt Italian dairy group Parmalat, is set to sue a number of
Italian financial groups in an attempt to stifle mounting criticism
that he has given preferential treatment...
Fonterra, the New Zealand dairy co-operative, has announced it is
to sell off its under-performing Mexican cheese division, in
keeping with its long-term strategy to move away from
commodification, Tom Armitage reports.
Lactalis USA, a subsidiary of French dairy group Lactalis,
announced earlier this week that it has acquired Rondelé Specialty
Foods, a US manufacturer of spreadable cheeses, in a deal which
will position it as the leading speciality...
Premier Foods has added another popular British food brand to its
diverse portfolio with the acquisition of the Bird's Custard brand
from US-based food giant Kraft. And this continued focus on 'Great
Dutch lactoferrin supplier DMV International and Arla Food
Ingredients could soon be part of the world's largest farmer-owned
dairy company as their owners Campina of the Netherlands and
Denmark's Arla Foods announce plans...
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.