New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price range from NZ$6.25-$6.50 (US$4.30-$4.47) per kgMS to NZ$6.00-$6.30 (US$4.13-$4.33) per kgMS.
After announcing plans over the summer for a large-scale cheese and whey processing plant in St. Johns, Mich., construction has officially broken ground on the facility this month.
Dean Foods posted a loss of 28 cents per share, or $26.4m in its third quarter. It also closed and consolidated seven manufacturing facilities within six weeks, racking up ‘significant transitory costs’ that are expected to continue.
Parmalat Group makes ‘significant investment’ in Canadian dairy with acquisition of the natural cheese division of Kraft Heinz Canada, including brands like Cracker Barrel, P'tit Quebec and aMOOza!.
Australian-style yogurt brand Noosa is merging into Sovos Brands, a CPG collector with an Italian portfolio and financial backing from Advent International.
Arla Foods has announced further changes to some of its corporate group functions as part of its ongoing transformation program, Calcium, with the loss of 140 jobs.
Saputo Inc. announced Friday that it will acquire F&A Dairy Products Inc. for $85m, including two manufacturing facilities and approximately 170 employees.
Kerry has struck a deal to acquire Fleischmann's Vinegar Company Inc and AATCO Food Industries LLC for c. €365m ($415m) in a move it claims will boost its foundational technology portfolio and strengthen its position in foodservice and developing...
Irish cooperatives Lakeland Dairies and LacPatrick Dairies have reached agreement to merge following the unanimous approval of the boards of both cooperative societies who are recommending the proposed merger to their respective shareholders.
Synlait has reported a net after tax profit of NZ$74.6m (US$49.3m) for the year ending July 31, 2018, almost double the NPAT of NZ$39.5m (US$26.1m) announced for the same period last year.
