News & Analysis on the Dairy Industry & Markets
The civil investigation into Parmalat’s May 2012 $904m intra-group acquisition of Lactalis American Group (LAG) has appointed a special commissioner to oversee an audit calculating a final price for the disputed deal.
Hydrosol, a German manufacturer of food stabilisers, has designed a concept that enables dairy processors to produce yogurt drinks from reconstituted milk – a development it hopes will open up markets for processors in countries were fresh milk is scarce.
A UK brand that claims to have produced the world’s first pure milk vodka says that sales are growing, with Black Cow vodka now on sale in numerous retail outlets across the UK, including premium department stores.
Chinese dairy processor, Yashili International, has been given the go-ahead by authorities in New Zealand to build a NZ$100m infant formula manufacturing plant in the country.
Ankush at large
I don’t think that there was any more talked about corporate news in India this week than the Supreme Court’s decision to dismiss Novartis’s appeal for a patent for its Gilvec cancer drug.