Private equity firm snaps up Aussie-style yogurt brand Noosa
Aussie-style yogurt brand, Noosa Finest Yoghurt, has been snapped up by Advent International for an undisclosed sum.
Aussie-style yogurt brand, Noosa Finest Yoghurt, has been snapped up by Advent International for an undisclosed sum.
French dairy giant Danone has completed a €180m (US$224m) four-year expansion of its Irish infant formula production capabilities.
Coca-Cola is confident its premium Fairlife milk brand, due to launch across the US next month, will "rain money" once established in the market.
The global functional food market is forecast to reach $54bn (€43bn), an increase of 25% compared to the last available data from 2013, says Leatherhead Food Research.