Saputo secures majority stake in Aussie dairy Warrnambool
Canadian dairy giant Saputo has secured a majority stake in Warrnambool Cheese and Butter (WCB) after a hard-fought, three-way battle to acquire the Australian dairy processor.
Archives for January 22, 2014
Turkish dairy sector 'very attractive' investment opportunity
Turkey’s young population and the gaining pace of its move from open to packaged products made the country’s dairy industry a “very attractive” venture opportunity, the European Bank for Reconstruction and Development (EBRD) said following its first...
Danone 'squaround' yogurt pot a 'huge technical challenge'
The square base and circular lid of the Danone for Men yogurt pot – a format termed ‘squaround’ – presented a “huge technical challenge”, developer Greiner Packaging has revealed.
Global probiotic market to add 50% to €33bn by 2018: Analyst
The term ‘probiotic’ may be banned in the European Union – along with its cousin ‘prebiotic’ – but sales remain steady, and the global picture is buoyant, says leading analyst, Euromonitor International.