French dairy giant Danone has announced that it has sold a total of 24.6m shares of Yakult Honsha Co., Ltd., for approximately €1.3bn ($1.6bn), and corresponding to a valuation multiple of 39 times Yakult's 2017 net income.
Quark maker Wünder Creamery (formerly Misha Dairy) is set to launch on the US East Coast this spring, but first the company has to overcome some consumer education hurdles, says founder Kamilya Abilova.
Ornua, Ireland’s largest exporter of Irish dairy products, has announced record revenues of €2.1bn ($2.6bn) in 2017 as it published its operating and financial results for the year ending December 30, 2017.
New Zealand dairy cooperative Fonterra Co-Operative Group Limited has announced chief executive Theo Spierings is to leave his role later this year; meanwhile, its interim results for the half year ending January 31, 2018, show a net profit after tax...
While New Zealand might have narrowly missed out on the 2018 FIFA World Cup, the country had another chance at glory as Auckland hosted the 2018 Danoners World Cup Oceania tournament, which took place this weekend.
New Zealand’s second biggest dairy co-operative, Westland Milk Products, has signed a Memorandum of Understanding (MoU) with Indonesian consumer health and nutrition company Kalbe (PT Sanghiang Perkasa).
Know Brainer Foods is aiming to bring further function to the dairy category with its line of ketogenic creamers containing organic grass-fed ghee (clarified butter), non-GMO MCT (medium chain triglycerides) oil, and collagen.
The Nordic Investment Bank (NIB) and the Norwegian dairy company TINE SA have signed a loan agreement of NOK 400m ($52m), with a 12-year maturity, on financing for the construction of TINE’s new dairy in Bergen, Norway.