Manufacturers

Clover is a branded consumer goods and products group operating in South Africa and other African countries with a range of value-added dairy and non-dairy products.

Milco consortium offers $359m to acquire South Africa’s Clover

By Jim Cornall

South African food and beverage company Clover Industries Limited said it has entered into an implementation agreement with Milco SA Proprietary Limited, in terms of which Milco will make an offer to acquire all of the issued shares in Clover on a fully...

Overall US cheese production likely reached 13 billion pounds in 2018. Pic: ©GettyImages/ShotShare

US cheese surplus not an 'unusually enormous amount'

By Beth Newhart

Last month, the American Dairy Coalition (ADC) called attention to the record 1.4 billion pounds of surplus cheese currently in US cold storage. But it may not have a simple solution, or even be as big of a problem as the public thinks.

Work on building the new production hall will commence in March 2019.

News in brief

Crediton Dairy announces £12m expansion

By Jim Cornall

The UK’s Crediton Dairy has announced a £12m ($15.8m) investment in 2019 in its flavored and functional milk processing facility.

The cooperative said the loan will support the development of a new research center in Rennes, Brittany.

EIB invests €40m in Sodiaal R&D

By Jim Cornall

The European Investment Bank (EIB) is providing a €40m ($45.6m) loan to the French dairy cooperative Sodiaal to support the financing of its Research and Development program.

Synlait’s next milk price update for the 2018/2019 season will be in May.

Synlait drops forecast milk price

By Jim Cornall

New Zealand dairy company Synlait said it is dropping its milk price forecast for the 2018/2019 season to NZ$6.25 kgMS (US$4.28) from the previously announced NZ$6.75 (US$4.63).

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