Fresh Milk

The funds will be used to finance the expansion of production capacity and the renewal of Suu Milk’s transport fleet. Pic: EBRD

EBRD and XacBank support Mongolian dairy producer Suu Milk

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) and local lender XacBank are assisting with the development of dairy farming and processing in Mongolia by supporting the expansion of the country’s oldest and leading dairy company, Suu Milk.

Pic: Getty Images/pichet_w

Saputo acquiring Carolina Aseptic and Carolina Dairy

By Jim Cornall

Canadian dairy company Saputo Inc. has announced it has completed the acquisition of the Carolina Aseptic and Carolina Dairy businesses formerly operated by AmeriQual Group Holdings, LLC (Carolina Aseptic and Carolina Dairy).

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