Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition has been blocked by Mexican competition officials over concerns that the deal could lead to price increases.
Consolidated Container Company (CCC) has acquired all assets of Madras Packaging, marking the second acquisition since its takeover by Bain Capital this year.
Nestlé's $11.85bn (€9bn) acquisition of Pfizer Nutrition has been given the go-ahead by anti-trust authorities in China – taking the “strategic” takeover a step closer to completion.
Italian prosecutors have opened an investigation into the legality of Parmalat’s May 2012 $904m intra-group acquisition of Lactalis America Group (LAG).
Italian dairy giant Parmalat is remaining tight lipped following reports that its $904m intra-group acquisition of Lacatalis America Group (LAG) was met with criticism from shareholders.
Arla Foods has “plenty on its plate” and is unlikely to pursue further European dairy industry consolidation in the near future, a food sector mergers and acquisitions expert has claimed.
Dallas-based dairy giant Dean Foods is inviting potential buyers to cast a slide rule over its Morningstar warehouse delivery business - the smallest of its three divisions - as it seeks to reduce its debt pile.
Dairy exporter Fonterra has been cleared to acquire the processing assets of New Zealand Dairies Limited’s (NZDL) by the New Zealand Commerce Commission.
Irish dairy giant Glanbia has signed a Memorandum of Understanding with Glanbia Co-operative Society Limited to enter into a joint venture in respect of its Dairy Ingredients Ireland (DII) business.
Irish dairy giant Glanbia has been granted permission to build a new processing plant – a development planned in anticipation of its potential joint venture with Glanbia Co-operative Society Limited.
Sealed Air’s 2011 acquisition of cleaning, sanitation and hygiene solutions provider Diversey has birthed a unique concept in the dairy industry – hygiene solutions from ‘farm to fork’.
The New Zealand Commerce Commission has been urged to investigate the proposed sale of New Zealand Dairies Limited’s (NZDL) processing assets to Fonterra, after an unsuccessful bidder claimed to have topped Fonterra’s winning offer.
The Irish Dairy Board (IDB) has acquired UK-based cheese ingredients firm The Cheese Warehouse - strengthening its position in the country’s ingredients sector.
Dairy exporter Fonterra has claimed that its proposed acquisition of New Zealand Dairies’ (NZDL) Studholme processing plant will boost competition for raw milk on the country’s South Island, rather than reduce it.
Global trader Louis Dreyfus Commodities (LDC) has agreed to buy Dutch trading firm Ecoval Holdings BV in an effort to tap into emerging market demand for dairy products and ingredients.
French dairy giant Danone has entered into an agreement that, if completed, will see it become the majority shareholder in Morocco’s leading dairy product firm.
Arla Food’s proposed mergers with UK-based co-operative Milk Link and German dairy firm Milch-Union Hocheifel (MUH) have been approved by its board of representatives.
Glanbia hinted yesterday that it is close to spinning-off its Irish dairy ingredients business, but said no deal would be sealed between management and its major cooperative shareholder before August.
Arla Foods has signed a financing and supply agreement with signficant pediatric nutrition and baby care product producer Biostime International Holdings to supply the Hong Kong-listed company with infant formula.
Fonterra has signed a conditional agreement to acquire the milk processing assets of South Canterbury-based New Zealand Dairies (NZDL), and said the dairy site would boost its export capacity, where it is processing around 150m litres of milk per year...
Dutch dairy giant Royal FrieslandCampina (FC) has entered into an agreement with the Irish Dairy Board to acquire its Belgium-based continental cheese packing segment IDB Belgium N.V.
Dairy giant Fonterra has entered into a “mutually beneficial” agreement that will see it process dairy ingredients in the Netherlands for the first time.
Arla Food’s proposed merger with UK-based dairy cooperative Milk Link could signal the demise of Dairy Crest, a food sector mergers and acquisitions expert has claimed.
Parmalat has completed the “intragroup acquisition” of Lactalis American Group Inc. (LAG) – a move that will secure its entry into the US dairy market and strengthen its position in Latin America.
Ultima Foods has signalled its intention to “solidify” its leadership of the Canadian dairy industry through a double edged agreement that will see it continue to produce Yoplait brand yogurt and launch of its own brand of yogurt products.
Demand for whey products underpinned a strong first quarter for Glanbia with analysts hailing an ‘encouraging start’ to the year, but the firm has dismissed talk that it plans to spin-off its Dairy Ireland business as 'speculation'.
Nestlé has announced a multi-million investment plan in Morocco to improve the quality of fresh milk and encourage the development of the dairy industry through the private sector.
Cermex has announced the acquisition of a major part of fellow French end-of-line packaging firm Newtec Group as part of a strategy to strengthen its palletizing operations.
Kerry Group’s 2011 acquisitions have performed well for the ingredients and flavours giant, boosting its Q1 results despite challenges in trading conditions.
UK dairy co-operative First Milk has acquired leading UK sports nutrition player, CNP Professional, as it diversifies its operation out of the increasingly margin-pressured traditional dairy sector.
Nestlé’s $11.85bn (€9.02bn) acquisition of Pfizer Nutrition may run into anti-trust hurdles after it beat Danone to the drug giant’s global infant nutrition business, according to an analyst.
As UK dairy player, Dairy Crest, indicates it is ready to flog off its jewel in the crown - St Hubert - a food industry analyst reckons Groupe Lactalis is the likely buyer.
Processing specialist SPX Corp and packaging player Smurfit Kappa both completed takeovers this week as they seek to expand their reach in Europe and South America respectively.
Dairy Crest surprised analysts today by announcing a strategic review of its French branded spreads business, St Hubert, with a possible divestment on the cards, and said that large dairy concerns based in the country didn't 'seemed keen'...
Amcor today announced it has agreed to pay A$238m (€191m, US$251m) for its controversial proposed takeover of Aperio - its major rival in the Australasian flexible packing arena.
Amcor’s proposed takeover of Australian packaging company Aperio is motivated primarily by the firm’s desire to eliminate its main rival, could lead to hundreds of job losses and would hit competition in the national market, a leading trade union has...
Dutch dairy cooperative FrieslandCampina has signed a memorandum of understanding with a UK-based venture capital firm to acquire Serbian dairy producers Imlek and Mlekara Subotica, and sees great potential to grow sales in the region.
Robert Wiseman Dairies says it has agreed the terms of a £279.5m takeover deal by Müller UK (a wholly owned subsidiary of the German dairy giant) and is recommending the offer unanimously to shareholders.
Ecolab said it has completed the US$8.3bn (€6.4bn) takeover of Nalco as part of a strategy to tap into global mega-trends such as food safety and the need for industry players to maximize operational efficiencies such as energy and water reductions.
The Australian competition watchdog confirmed it is probing Amcor’s proposed takeover of packaging company Aperio Group to see if the deal would damage competition in the domestic market.
Irish dairy ingredients and cheese manufacturer Glanbia could be on the look-out for acquisitions again in 2012, according to an analyst based in the country.
Arla Foods has announced the acquisition of German based dairy producer Allgäuland-Käsereien as it aims to become a major player in the domestic dairy market.
