Consolidation

Dean Foods is ‘engaged in advanced discussions’ with the Dairy Farmers of America regarding a potential sale of all company assets.

Dean Foods files for bankruptcy in Texas

By Beth Newhart

One of the most well-known dairy companies in the US is prepared to sell its business after years of disappointing numbers. The Dairy Farmers of America (DFA) may be a potential buyer of the Dean Foods assets.

Q3 marked a year since Glanbia's acquisition of SlimFast in 2018. Pic: SlimFast

Glanbia’s dairy soars while performance nutrition takes a hit

By Beth Newhart

In Glanbia’s third quarter results, the global nutrition group announced total revenues were up 16.9% with strong numbers from its Nutritional Solutions (NS) division. But Performance Nutrition (GPN) struggled despite key acquisitions.

Trade tensions between the US and China have finally started to ease, but US consumers might see the tariffs reflected in retail prices soon. Pic: Getty/Lumineux_Images

Dairy prepares for potential 2020 recession

By Beth Newhart

Global dairy markets are expected to remain firm through mid-2020, but Rabobank predicts that the second half of the year will be tighter in the face of a possible global recession.

The former co-CEOs plan to ‘stay close’ to the brand as board directors and investors, working on innovation and brand storytelling.

Yasso opens new HQ in Colorado with fresh leadership

By Beth Newhart

As a Greek yogurt-based ice cream alternative, Yasso has grown to be a nationally distributed better-for-you dessert. Now the brand is handing off its leadership to a new management team and opening a headquarters in Boulder, Colorado.

Clover has been selling products in South Africa since the late 19th Century.

Milco/Clover merger approved after improvements made

By Jim Cornall

South Africa’s Competition Tribunal has approved the merger of Milco SA (Pty) Ltd and Clover Industries Ltd, subject to employment, local procurement of bulk juice concentrate, and information sharing conditions.

Bellamy’s will become an indirectly wholly-owned subsidiary of Mengniu after the proposed acquisition.

Mengniu looks to buy Bellamy’s

By Jim Cornall

China Mengniu Dairy’s board has entered into a Scheme Implementation Deed with Australian infant formula maker Bellamy’s.

Halo Top acquired by Blue Bunny producer

By Beth Newhart

Wells Enterprises has announced its purchase of light ice cream company Halo Top. Wells already manufactures popular dessert brands like Blue Bunny, Bomb Pop and Chilly Cow.

Milco SA plans to delist the company from the Johannesburg Stock Exchange (JSE) if the deal is approved.

Clover and Milco hearings continue

By Jim Cornall

The hearing into the proposed merger transaction, whereby Milco SA (Pty) Ltd (Milco) seeks to acquire Clover Industries Ltd (Clover), resumed on Monday, September 9, 2019, South Africa’s Competition Tribunal says.

 “We want an ongoing relationship with China. We are in this for the long haul.

USDEC positive after China visit in spite of new tariffs

By Beth Newhart

Over the weekend, US president Donald Trump put into effect a new round of tariffs on Chinese goods, while the US Dairy Export Council (USDEC) visited Chinese officials to preserve its relationship with China.

Large scale operations in new areas are driving US milk production. Pic: Getty/Yauhen Akulich

Are Idaho and Texas the future of US dairy?

By Beth Newhart

More milk production is happening on fewer farms, and large-scale operations have expanded into non-traditional markets. Rabobank’s latest report on the changing US dairy landscape examines the biggest challenges.