Consolidation

Land O'Lakes has held minority equity in Iowa-based Agren since 2016. Pic: ©GettyImages/Sasiistock

Land O’Lakes acquires soil software company Agren

By Beth Newhart

Land O’Lakes Inc. has announced that it has acquired Agren Inc., a company that develops soil health and conservation planning software. It will become a part of Land O’Lakes SUSTAIN, a farmer-focused division of the dairy company.

a2MC has increased its shareholding in ordinary shares of Synlait to 17.39%.

News in Brief

Synlait not concerned by Ebert Construction receivership

By Jim Cornall

New Zealand dairy company Synlait Milk Limited has sought to clarify its arrangements with Tetra Pak and Ebert Construction Ltd in the delivery of two capital projects at Synlait Pokeno and Synlait Dunsandel, following the announcement that Ebert Construction...

The transaction gives Arla Foods the rights to use the Yeo Valley brand in the UK for milk, butter, spreads and cheese under an intellectual property license with Yeo Valley.

Arla Foods UK and Yeo Valley partnership cleared

By Jim Cornall

Following the announcement in February this year of the partnership between Arla Foods and Yeo Valley on liquid milk, butter and cheese, Arla Foods said it is pleased the Competition and Markets Authority (CMA) has approved the deal following a Phase...

The AVH dairy office in Bergen, a coastal town north of Amsterdam in the Netherlands.

News in brief

Emmi increases stake in Dutch company AVH

By Jim Cornall

Swiss dairy company Emmi has held a stake in the goat’s and sheep’s milk product trader AVH dairy trade B.V. (AVH), based in Bergen, the Netherlands, since January 2013, and is now increasing its stake from 75% to 90%.

DMK, which launched many new products in 2017, said its reorganization will be completed by the end of June.

DMK Group benefits from reorganization

By Jim Cornall

Germany's largest cooperative dairy company, the DMK Group, says it has seen positive effects in the first year of its sweeping reorganization.

Yashili New Zealand Dairy is a joint venture between Yashili and Mengniu established in 2012.

Danone invests in Yashili New Zealand

By Jim Cornall

Danone and Yashili, a division of China’s Mengniu Dairy Co, have signed a memorandum of understanding (MOU) whereby Danone acquires 49% of the shares of the dairy company Yashili New Zealand Dairy Co.

Arla said it is too early to disclose the total number of jobs that will be added or removed by the ongoing work, however the company expects the net number of positions to be lower.

More than 350 jobs at risk as Arla Foods starts changes

By Jim Cornall

More than 160 jobs are at risk as Arla Foods UK plans a reorganization of its cheese business and warehouse network, with another 195 people affected in support functions, primarily at the cooperative’s Aarhus, Denmark headquarters.

Hochdorf plans to expand Bimbosan's Swiss market share and grow internationally in China, Indonesia and Nigeria.

Hochdorf acquires Swiss baby care company Bimbosan

By Jim Cornall

Swiss nutrition company Hochdorf Swiss Nutrition Ltd has acquired the Swiss baby care producer Bimbosan AG in a cash and share deal (10% treasury shares) for an estimated price of CHF 30m, which the company said represents approximately 2.5x and 13x EBITDA...

Adecoagro is the largest raw milk producer in Argentina, producing more than 270,000 liters of raw milk per day.

SanCor accepts Adecoagro offer

By Jim Cornall

Last week, Argentine dairy cooperative SanCor Cooperativas Unidas Limitada, held an extraordinary assembly, during which the terms and conditions of the investment and association offer submitted by Adecoagro S.A. were considered and approved unanimously.

Adecoagro is currently expanding its dairy operations, and expects to double its current capacity over the next 15 months.

Adecoagro submits proposal to partner with SanCor

By Jim Cornall

Adecoagro, an agro-industrial company in South America, has submitted an investment proposal to partner with Argentinian dairy company SanCor to develop and expand the business.

The ability to add new products to its portfolio is one of the reasons Meadow Foods has purchased Welsh dairy company Roil Foods.

Meadow Foods takes over Roil Foods

By Jim Cornall

Meadow Foods, the UK’s largest independently-owned dairy group and a supplier of ingredients to the food industry, has acquired Roil Foods Limited.

Granarolo is looking to expand in the UK chilled food market through the acquisition.

Granarolo acquires Midland Food Group

By Jim Cornall

Through its UK-based subsidiary, Italian-owned agro-industrial company Granarolo has acquired Midland Food Group, a consolidated chilled, ambient and frozen foods distributor in the UK.

Woodlands Dairy markets some of its products under the FIRST CHOICE brand.

Woodlands Dairy and Fairfield Dairy merger gets go-ahead

By Jim Cornall

South Africa’s Competition Tribunal has conditionally approved a merger between Gutsche Family Investments Proprietary Limited (GFI), which controls Woodlands Dairy, and Fairfield Diary Proprietary Limited.

The dairy sector topped the list of acquisitions in 2017, with 72. Pic:©GettyImages/designer491

Dairy tops list of acquisitions in 2017

By Jim Cornall

According to a report by Zenith Global, 2017 was another record year for food and drink industry transactions, with 727 registered in the bevblog.net mergers and acquisitions database, an average of almost 14 each week.

SanCor's wide range of dairy products are distributed globally.

SanCor to sell AFISA share to Arla

By Jim Cornall

Argentine dairy company SanCor Cooperativas Unidas Limitada has agreed to sell its share in its joint venture with Arla Foods, known as Arla Foods Ingredients SA (AFISA).

No jobs will be lost when Arla transforms the Endrup dairy into a cheese maturing and packing center.

Arla announces plans for Endrup dairy

By Jim Cornall

Arla Foods amba has announced its plans for what to do with the Endrup Andelsmejeri dairy, which it took over after the small company ran into financial difficulties.

Saputo's takeover of Murray Goulburn is expected to close in the first half of 2018.

Saputo to take over Murray Goulburn for $1bn

By Jim Cornall

After many rumors over the potential sale of Australia’s Murray Goulburn Co-Operative Co. Limited, Canadian dairy company Saputo Inc. has emerged as the company that will take over the cooperative.

Ultima produces the iögo brand yogurt in Canada.

Agropur takes over Agrifoods' share in Ultima Foods

By Jim Cornall

Canadian dairy cooperatives Agropur Cooperative and Agrifoods International Cooperative Ltd. have concluded an agreement whereby Agropur will become the sole owner of Ultima Foods Inc.

Arla is moving production of its white mold cheese from Lillebælt Dairy to Troldhede Dairy.

Arla closing Lillebælt dairy

By Jim Cornall

Danish dairy cooperative Arla Foods is moving production of its Castello brand white mold cheese to its Troldhede dairy location, resulting in the loss of 66 jobs at Lillebælt Dairy, which will close by the beginning of 2019.

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