Domty gets the cream as profits surge 355%
Egyptian dairy producer Domty is celebrating a 355% year-on-year rise in annual profits, netting US$14.5m, just days after its highly-oversubscribed launch on the Egyptian stock market.
Archives for April 19, 2016
Ornua continues to grow profits with 18% increase in EBITDA
Ornua, Ireland’s largest exporter of Irish dairy products, has announced an 18% increase in EBITDA for the 2015 financial year.
Bureau Veritas and AsureQuality acquire Dairy Technical Services
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.
Food Union expands by buying Romanian ice cream company Alpin57Lux
Latvian dairy company Food Union has signed an agreement to take over the second largest ice cream producer in Romania, Alpin57Lux.
From science to shelves: the development of MacuView
Study says MacuView helps with eye health and AMD
A recent study published in the Journal of Ophthalmology has shown the benefits of consuming a dairy drink, MacuView, containing lutein-, zeaxanthin- and DHA-enriched egg yolk.
Digestive issues attributed to lactose intolerance may be caused by A1 beta-casein protein, suggests study funded by a2 Milk
New clinical research – funded by the a2 Milk Company – lends credence to its claims that many consumers who believe they can’t tolerate lactose (milk sugar) should really be blaming their digestive discomfort on the A1 beta casein protein in milk...
Canadian gov backs 40 centime probiotics to reach 1m Africans; invests €1.25m
A 40-centime probiotic powder sachet project that is permitting people to make 100 litres of nutrient-rich probiotic yoghurt or milk is boosting infant and child nutrition across sub-Saharan Africa, and has received fresh financial backing to bring it to...
INTERVIEW
Venture capital fund seeks start-ups: Must be sustainable, innovative & ready to make money
New Crop Capital is a venture capital fund that only invests in sustainable start-ups developing cultured and plant-based meat, dairy and egg products. But it's not just about saving the planet: “There are billions to be made annually in this space,” it...