In a letter to suppliers, Australian dairy company Murray Goulburn Co-operative Co. Limited (MG) said it is discontinuing several products as job losses take place.
Multiple US dairy groups have blasted Canada recently saying that the country is blatantly violating terms of the NAFTA trade agreement and that US dairy processors are suffering due to lost Canadian purchases of ultrafiltered (UF) milk.
The US dairy industry has faced labor shortage issues for years, but the situation may become more unfavorable under the Trump Administration as its immigration policies will likely hit the immigrant-reliant dairy industry hard, NMPF president and CEO...
Lait Kaiser and Cult Yogourt of Quebec have purchased the assets of Chagnon Dairy, a local creamery and milk brand, to help strengthen manufacturing of Lait Kaiser to expand Cult Yogourt’s portfolio to include more innovative dairy products.
New Zealand supplement and health food manufacturers are likely targets for merger and acquisition activity over the next year, with private equity firms, notably from China, increasingly looking to splash the cash.
Austrian fruit processing company AGRANA Fruit, part of the AGRANA Group, has consolidated its presence in the South American market through the acquisition of 100% of the shares in Main Process S.A., a producer of fruit preparations.
Reckitt Benckiser Group plc (RB) has signed a merger agreement with Mead Johnson Nutrition Company (Mead Johnson) under which Mead Johnson shareholders will receive $90 in cash for each share of common stock, valuing the total equity at $16.6bn.
Dubai Investments PJSC has announced that its wholly-owned subsidiary Dubai Investments Industries has divested its 100% stake in Marmum Dairy Farm and its distribution unit United Sales Partners (USP) LLC to UAE-based Elite Agro LLC, a subsidiary of...
Agropur posted nearly C$6bn (US$4.6bn) in total revenue for the full year ending Nov. 1, 2016, almost the same as its revenue from 2015 when the company registered C$5.9bn (US$4.5bn) in total sales.
Canadian dairy cooperative Agropur has acquired assets of Scotsburn Cooperative Services, expanding its presence in the ice cream and novelties market.
Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital at approximately $16.7bn.
Arla, the farmer-owned dairy company and UK’s largest cheese manufacturer, has officially opened a new facility for the storage and maturation of its cheese.
The acquisition of WhiteWave by international dairy giant Danone has received final clearance by the European Commission under the EU Merger Regulation.
A joint venture between Dean Foods Company and Organic Valley will bring the independent farmer cooperative’s dairy products to more US stores through Dean’s extensive refrigerated distribution network.
Ornua, Ireland’s largest exporter of Irish dairy products, has acquired the CoreFX Ingredients division of MCT Dairies, Inc. and a powder ingredient production facility in Orangeville, Illinois.
Canadian company Gay Lea Foods Co-operative Limited has announced it has entered into an agreement to acquire the business of The Stirling Creamery Limited, effective November 1, 2016.
'The race is on in this industry to take positions for future growth of probiotics.'
Danish probiotics and enzymes leader Chr Hansen has paid €73m in cash to acquire the Lactobacillus rhamnosus-based LGG suite of probiotic strains from Finnish dairy group, Valio.
Scotsburn Ice Cream Company, maker of frozen novelty desserts, will shut down its production facility in St. John's, Newfoundland and Labrador, on Dec. 9, 2016, as the company is under pressure to reduce costs and become more efficient.
Danone’s proposed acquisition of WhiteWave Foods will “have a serious anti-competitive effect on the organic yogurt and organic fluid milk markets in the US,” the Cornucopia Institute has told the Federal Trade Commission (FTC) and the Department of Justice.
Swiss dairy company Emmi, which already had a 60% stake in Mittelland Molkerei AG, is acquiring a 40% share package from AZM Verwaltungs AG, the investment firm of the Mittelland Milk Producers’ Cooperative (MPM).
Probi has acquired US probiotic player Nutraceutix for a preliminary cash price of $105m (€92.41m), a move which takes the Swedish supplier’s US client base from just a handful of customers up to about 200.
Mexican dairy company Grupo LALA has announced that it has entered into an agreement to acquire certain assets from Laguna Dairy's branded business in the US for $246m.
Swiss dairy company Emmi has entered into a merger with the US cheese company Cowgirl Creamery Corporation and the associated Tomales Bay Foods, based in Petaluma, California.
Australian dairy ingredient processor Burra Foods has announced a change in shareholding in the company as part of its plans to improve market access and raise capital to expand its processing facility in Korumburra, Victoria.
Fonterra Australia has signed an agreement to divest its 36.02% shareholding in Dairy Technical Services (DTS) to a consortium comprising Bureau Veritas Singapore and AsureQuality Limited.
Auckland Airport is to build a new distribution centre for Fonterra’s New Zealand consumer business (Fonterra Brands New Zealand), the two companies have announced.
As part of a review of its Scottish dairy network, Müller Milk & Ingredients is investing £15m ($21.6m) over the next three years in Scotland’s largest fresh milk dairy at Bellshill, while looking into the potential closure of its East Kilbride and...
