Sigma has become the majority owner of the Mexican cheese producer, expanding its presence in the US market and increasing capacity in the Hispanic market.
Savencia becomes one of the largest milk processors in Argentina, while Fonterra continues to refine its asset portfolio in a bid to focus on New Zealand milk.
The French dairy group says the agreement would contribute to reducing its emissions from the region while reinforcing the company’s presence in the Middle Eastern Gulf.
The US organic, clean-label formula brand is gearing to re-open to customers as it acquires two additional manufacturing plants to bolster its production output.
The award-winning British cheese business was recently acquired by Joseph Heler after bureaucracy-ridden export rules made European markets ‘unviable’. CCC MD Simon Spurrell talks to DairyReporter on what's next for the company.
US dairy business Stonyfield Organic wants to support the next generation of organic family farmers through a new initiative, ‘Save Gen F’. DairyReporter caught up with Jason Johnson, Farmer Relationship Manager, to learn more about this effort.
While the meat alternatives category is suffering from some growing pains, investors’ enthusiasm for dairy alternatives continues unabated, with plant-based dairy specialist Eclipse Foods this week announcing a $40m series B round* led by Sozo Ventures,...
The Inner Mongolia Autonomous Region local government has allocated specific funding for the development and revitalisation of the dairy industry in the region, aiming to work with local dairy giants Yili and Mengniu to maximise its potential.
Premium Australian dairy manufacturer Nature One Dairy (NOD) has acquired the Hong Kong adult nutrition powder business and brands of Fei Fah Medi Balm (FEI).
The Michigan Milk Producers Association (MMPA) dairy cooperative, based in Novi, Michigan, has announced it will acquire Superior Dairy in Canton, Ohio, a subsidiary of LEL Operating Company.
Lactalis Canada Inc., a subsidiary of France-based Lactalis Group, is adding Kraft Heinz's Grated cheese business to its growing portfolio as part of the Group's US affiliate, after completing the acquisition of Kraft Heinz's Natural, Grated,...
Food investment group BiaVest has partnered with Development Capital to acquire Donegal-based Nomadic Dairy from Donegal Investment Group plc for an upfront amount of €23m ($26.7m) and up to €6m ($7m) deferred consideration, contingent on FY 2022 financial...
This week, we have interviews with Rick Pedersen, president, Ornua Ingredients North America, and Dennis Lin, chairman of Bubs. We also have our weekly look at the global dairy markets with Charlie Hyland at StoneX.
Chinese dairy giant Inner Mongolia Yili Industrial Group Co., Ltd. has announced it has taken a stake in goat milk formula company Ausnutria Dairy Co. Ltd. to become its largest shareholder.
Global dairy company The Lactalis Group has acquired the European cheese brand Leerdammer, in an operation that includes Royal Bel Leerdammer The Netherlands, Bel Shostka Ukraine, the commercialization of Bel products in Italy, Germany and Ukraine and...
Fonterra Co-operative Group Limited has announced its results for the 2021 financial year, as it moves through its business reset and into a new phase of growing the value of its business.
Dutch-headquartered company Royal DSM has signed an agreement to acquire First Choice Ingredients, a supplier of dairy-based concentrates and savory flavorings for an enterprise value of $453m.
US based Ronin Equity Partners has acquired three specialty cheese companies: Red Apple Cheese, which produces smoked, flavored, and kosher specialty cheeses; Barron County Cheese, a smoker and co-packer for the specialty cheese industry; and Cheese Brothers,...
Granarolo S.p.A. has acquired the remaining 49% of Granarolo UK Ltd to increase its share capital from 51% to 100% with a view to consolidating its presence in the UK.
Lactalis Canada Inc., formerly Parmalat Canada Inc., a subsidiary of Lactalis Group, has closed the acquisition of all shares of Agropur Cooperative's Canadian yogurt business, Ultima Foods Inc.
Nestlé, Constellation Brands, Diageo, Keurig Dr Pepper, New Age Beverages and Pernod Ricard were the most acquisitive companies of 2020, according to the Zenith Global food and drink transactions database, with each responsible for five or more takeovers....
IFF has completed the previously-announced merger of IFF and DuPont’s Nutrition & Biosciences business, pursuant to a Reverse Morris Trust transaction.
On January 1, 2021, the largest Italian company in the world of PDO cheeses was born from the merger between Agriform and Parmareggio, two Veneto and Emilia Romagna companies in the sectors of Grana Padano PDO and Parmigiano Reggiano PDO, respectively.
Lactalis Canada Inc., formerly Parmalat Canada Inc., a subsidiary of Lactalis Group, has reached an agreement with Agropur Cooperative to acquire all shares of its Canadian yogurt business, Ultima Foods Inc.
Dutch dairy cooperative FrieslandCampina said it is restructuring its cheese packaging activities and intends to close its location in Genk, Belgium, with the loss of 211 jobs.
Processing, packaging and technology company Krones Inc. has launched Krones Process Group North America to provide a more cohesive offering to the beverage, dairy, and food industries in North America, Central America, and the Caribbean.
US-based Danimer Scientific, a next-generation bioplastics company focused on the development and production of biodegradable materials, and Live Oak Acquisition Corp., a publicly-traded special purpose acquisition company, have announced a definitive...
Swiss dairy company Hochdorf said the discontinuation of wheat germ production at its Hochdorf site will release production and storage space for use by Bimbosan AG from the end of January 2021.
Australia’s Beston Global Food Company Limited has signed an agreement with Aurora Dairies for the sale of its dairy farms in Mount Gambier to Aurora for A$40.4m (US$27.5m) in cash.
Hochdorf Group in Switzerland is dissolving some of its companies to continue with last year’s announcement of a strategy to focus on its baby care and dairy ingredients divisions.
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.
