Consolidation

Beston said the sale would enable it to reduce debt and take advantage of opportunities in line with the company’s long-term business plan.  Pic: Getty Images/nedjelly

Beston sells dairy farms for $40.4m

By Jim Cornall

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 is concentrating its efforts on its baby care and dairy ingredients divisions.

Hochdorf to liquidate three subsidiaries

By Jim Cornall

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.

DFA to purchase a portion of Dean Foods’ assets for $433m

By Beth Newhart

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.

Dairyworks supplies New Zealand consumers with cheese, butter, milk powder and ice cream.

Synlait receives approval for Dairyworks acquisition

By Jim Cornall

Synlait Milk Limited says the Overseas Investment Office in New Zealand has granted consent under the Overseas Investment Act 2005 to its purchase of the shares in Dairyworks Limited.

The ACCC said there is spare processing capacity at other raw milk processors in the Gippsland region, giving farmers alternative buyers for their milk. Pic: Getty Images/JohnCarnemolla

ACCC gives green light to Mengniu deal to buy Lion Dairy & Drinks

By Jim Cornall

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...

Hälsa called oats one of the most environmentally friendly ingredients for making plant-based milk, but the US does not currently produce oats that meet Hälsa's quality standards. Pic: Hälsa

Hälsa Foods to convert dairy farms for organic oats

By Beth Newhart

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.

“We aren’t going to stop change, and we aren’t going to stop technology.

IDFA zeroes in on next-gen, and ‘making what we can sell’

By Beth Newhart

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.

“Today we are finally ending the NAFTA nightmare.

USMCA signed into law by Trump

By Beth Newhart

The US Mexico Canada Agreement (USMCA) passed the House in late 2019 and the Senate earlier this month. It replaces the previous North American Free Trade Agreement (NAFTA).

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