Consolidation

Saputo's takeover of Dairy Crest in the UK was the sector's biggest acquisition in 2019.

Mergers and acquisitions up again in annual Zenith report

By Jim Cornall

Zenith Global has published its database of food and drink company mergers and acquisitions in 2019, and the data show the previous record high of 777 in 2018 was broken again, with 789, an average of 15 each week.

Wisconsin lost nearly 1,500 dairies in two years, despite the industry's significant contribution to the state's economy. Pic: Getty/Dcwcreations

More than 800 Wisconsin dairies closed in 2019

By Beth Newhart

Data from the Wisconsin Department of Agriculture revealed that a record 10% of dairy farms in Wisconsin shuttered last year. It topped 2018’s loss of 7.25%.

DFA forms new Ingredient Solutions division

By Beth Newhart

The Dairy Farmers of America is realigning its portfolio of dairy-based ingredients into a new group, DFA Ingredient Solutions. It says this will provide better support for food manufacturers and operators.

With the 2020 US election looming, the US dollar is expected to be volatile and affect global dairy. Pic: Getty/sergeyryzhov

Higher dairy prices are on the horizon

By Beth Newhart

As the year's fourth quarter wraps up, Rabobank's RaboResearch looks back on global dairy's performance in 2019, and ahead to 2020. Milk production and prices are up, leading to challenges for producers.

The deal is being reviewed by legal channels, and has not yet been signed by officials in either country. Pic: Getty/Christoph Burgstedt

US reaches new trade deal with China

By Beth Newhart

The US government announced a ‘Phase One’ trade deal on Friday that stipulates China will make substantial purchases of US goods and services in the coming years, including from agriculture.

Nestlé USA is the second largest ice cream manufacturer in the US, and Froneri will now be the second largest ice cream manufacturer in the world.

Froneri scoops Nestlé’s US ice cream division for $4bn

By Beth Newhart

Froneri started as an ice cream-focused joint venture between Nestlé and PAI Partners in 2016, and the relationship will be furthered by the acquisition of Nestlé USA’s collection of ice cream brands.

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.

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