After several months of back and forth following the Dean Foods bankruptcy, the Dairy Farmers of America (DFA) co-op is acquiring a majority of its assets for $433m. Prairie Farms Dairy will also get a portion for $75m.
Glanbia is still dealing with the rippled effects of a few key acquisitions in the last year and a half. It brought in €3.875bn ($4.24bn) in 2019, and is banking on its performance nutrition segment to grow in 2020.
The Australian Competition and Consumer Commission (ACCC) said it will not oppose the proposed acquisition of Lion Dairy & Drinks Pty Ltd (Lion D&D) by China Mengniu Dairy Company Ltd (Mengniu) after closely considering the potential impact on...
A new program from oat-based yogurt alternative brand Hälsa Foods will partner with dairy farms, and support them converting to farmlands for growing organic oats. It will be led by a team of Scandinavian farmers, researchers and environmental experts.
At the International Dairy Foods Association’s (IDFA) Dairy Forum this week, president and CEO Michael Dykes spoke of the challenges facing US dairy, including product innovation, milk bankruptcies and setting the industry up for a sustainable future.