Nutritionals

Yashili New Zealand Dairy is a joint venture between Yashili and Mengniu established in 2012.

Danone invests in Yashili New Zealand

By Jim Cornall

Danone and Yashili, a division of China’s Mengniu Dairy Co, have signed a memorandum of understanding (MOU) whereby Danone acquires 49% of the shares of the dairy company Yashili New Zealand Dairy Co.

Feedback submissions on the proposed changes must be received by June 20, 2018. Pic: ©Getty Images/Freer law

GDT public consultation on rule change proposals

By Jim Cornall

Global Dairy Trade (GDT) is looking for feedback on two proposed changes to the GDT Trading Event Rules, which it says are designed to bring price transparency to more supply regions through increased participation from sellers.

Fonterra's products, such as Anmum, Fernleaf and Anchor, will now be available through Lazada to 560m consumers in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Fonterra partners with online company Lazada

By Jim Cornall

New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.

Hochdorf plans to expand Bimbosan's Swiss market share and grow internationally in China, Indonesia and Nigeria.

Hochdorf acquires Swiss baby care company Bimbosan

By Jim Cornall

Swiss nutrition company Hochdorf Swiss Nutrition Ltd has acquired the Swiss baby care producer Bimbosan AG in a cash and share deal (10% treasury shares) for an estimated price of CHF 30m, which the company said represents approximately 2.5x and 13x EBITDA...

In 2017, approval was given for Lithuanian dairy products to be exported to Algeria, Mexico and New Zealand.

Lithuanian dairy exports on the rise

By Jim Cornall

According to information from Lithuania’s State Food and Veterinary Service (SFVS), the country’s dairy producers are successfully expanding the export of milk products.

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