Ingredients company DSM has linked up with culture specialists CSL
to offer cheese and yoghurt manufacturers 'a single source for both
Dairy giant Fonterra is about to increase premiums to organic milk
suppliers who choose to meet United States Department of
Agriculture (USDA) standards.
Organic dairy foods group Horizon Organic reported an increase in
sales of 21 per cent in the US and 20 per cent in the UK during the
second quarter of 2003, compared with the second quarter of 2002.
Dairy multinational Fonterra Co-operative Group has raised US$165
million (€145m) in a private placement of long-term debt to US
Wimm-Bill-Dann Foods said yesterday that it completed the
installation of a new production line at its baby bood plant,
located in Moscow.
Irish dairy group Glanbia has reached a settlement with the Irish
competition authority over allegations concerning the fixing of the
retail price of milk.
Bongrain, the French cheese group, has expanded its presence in
Germany via the acquisition of the Milkana and Bresso brands from
Ebro Puleva saw its sales drop but profits rise in the first half
as it continued to streamline its business around three core
sectors - dairy products, sugar and rice.
Disappointing results from Danone saw dairy sales dropping 8 per
cent to €3.1 billion, partly due to the sale of the Galbani
Italian dairy group Parmalat Finanziara announced today that it is
to buy two South African-based cheese brands for €7.5 million.
Two dairies, Danish-based Birkum Ost and UK-based Oakthorpe, have
been granted ISO 9001:2000 and HACCP accreditation. Both are owned
by dairy giant Arla Foods.
The Competition Commission's decision to investigate the proposed
merger between Arla UK and Express Dairies could have an adverse
effect on profits at the latter group.
Leche Pascual is to invest €33 million in a new milk processing
plant in Barcelona to supply the Catalan market, despite the recent
boycott of its products there.
Glanbia has joined forces with two leading US milk suppliers to
build a new cheese and whey production facility in the south
The European Agricultural Ministers' decision to reform the
European milk market last week has caused a degree of concern among
the continent's dairy producers.
Russian dairy group Wimm-Bill-Dann is in the final phase of
modernising two production facilities.
New supply contracts with the UK's leading supermarket groups have
helped Robert Wiseman Dairies get off to an excellent start in the
first three months of the financial year.
US dairy processor Dean Foods is set to acquire the 87 per cent
share of Horizon Organic that it does not already own for $216
The DrinkFit dairy drink brand acquired by Friesland Coberco as
part of its takeover of Nutricia's dairy unit has been sold to
Germany's Klaus Wiese group for an undisclosed sum.
US-based company CoolBrands International announced yesterday the
formation of Eskimo Pie Frozen Distribution.
Danone has recently increased its stakes in both Yakult and
Wimm-Bill-Dann, but claims it currently has no plans for a complete
takeover of either firm.
Nestlé Ice Cream, a branch of food giant Nestlé, has launched a
range of take-home ice cream products for the Thai market.
Russian dairy giant Wimm-Bill-Dann Foods (WBD) has announced its
financial results for the first quarter of 2003.
Dutch company DSM has further expanded its business with the
acquisition of cheese coating business Plasticoat.
Rhodia Food, a subsidiary of French company Rhodia, has
strengthened its position in Australia with the signature of a
distribution agreement with Australian chemical giant Orica.
Ireland-based Lakeland Dairies has acquired Northern Ireland firm
Pritchitts' Foods in a £13 million (€18.6m) deal.
Arla Falkenberg, the Swedish cheese producer, has awarded Invensys
APV a contract valued at €4.5 million to design and install a new
cheese production line for its Falkenberg dairy in Sweden.
Russian dairy Wimm-Bill-Dannhas confirmed that a number of its
shareholders have approached French group Danone in a move which
could lead to a takeover of the company.
India-based Amrit Foods is in talks with European dairy producers
with a view to establishing a joint venture to manufacture and sell
a number of milk and milk-based products.
Express Dairies continued to suffer last year at the hands of
commodity price fluctuations and high interest repayments.
Two of Europe's leading dairy companies are currently negotiating
takeover bids with national competition authorities in the US and
Canadian dairy firm Saputo has increased its US holdings by buying
two brands of blue cheese and other assets from ConAgra Foods.
Dairy Crest, the UK dairy products group, has reported a 3 per cent
drop in sales for the year to March 2003 but stressed that its
branded business continued to grow strongly.
Arla Foods is involved in a joint feta venture with the Greek dairy
company, Hellas. The move is designed to strengthen the
Scandinavian dairy's presence in the US market
Danone is once again rumoured to have made an offer for Russian
dairy group Wimm-Bill-Dann, although both the French group and
WBD's management have denied the move.
Unilever's Ola ice cream unit has acquired the Juicy Lucy and Milky
Lane retail businesses in South Africa, its first franchise
operation in Africa.
Graham Packaging Company has begun production of polypropylene
yoghurt containers at a new French plant, adding to the companies
growing blow moulding capabilities.
The sale of US cheese company McCadam in January pushed down sales
at Finnish group Valio in the first four months of the year.
Five Japanese companies have said they will recall a wide range of
food products which were made using banned flavouring agents
acetaldehyde, propionaldehyde and castor oil.
Galaxy Nutritional Foods has entered into a distribution and
licensing agreement with French cheese firm Fromageries Bel.
Despite the challenging economic climate, Irish food ingredients,
flavours and dairy group Kerry expects a good outcome for the full
Graham's Dairies has further expanded its operations. The business
acquired Stevenson Dairy Farm this week in a move that consolidates
its position as Scotland's largest family-owned dairy.
International Specialty Products (ISP) continues to consolidate its
position on the ingredients market with the news this week that it
has acquired Brazilian ingredient systems company Germinal.
Irish food and dairy group Glanbia is likely to meet full year
earnings expectations despite tougher trading conditions, its
managing director said this week.
Valio's Belgian subsidiary, Valio-Vache Bleue, has taken over the
operational and commercial activities of International Food &
Business - Brussels Food Distribution (IFB-BFD).
The UK competition authorities have asked permission from the
European Commission to rule on the proposed merger of Arla Foods
and Express Dairies in the UK.
Dairy giant Arla Foods is planning to cut 600 jobs over the next
three financial years. The job losses will largely be contained
within the group's administrative departments.
The proposed acqusition of ice cream firm Dreyer's by Swiss food
group Nestlé could finally get the green light this week.
RhodiaFood, part of French speciality chemicals company Rhodia,
recently announced that it would hike up the price of its Rhodigel
food grade xanthan gum by 10 per cent.
Dairy processor Robert Wiseman has posted an 11 per cent increase
in sales volumes for 2002, helped by investment in its dairy
facilities and important new supply contracts with the major