Archives for January 5, 2017

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FrieslandCampina completes Engro Foods deal

By Jim Cornall

In partnership with the World Bank Group’s International Finance Corporation and the Dutch development bank FMO, Royal FrieslandCampina N.V. has acquired a majority stake of 51% in Engro Foods – Pakistan’s second largest dairy producer.

€50m loan for Polish dairy Mlekpol

By Jim Cornall

The European Investment Bank (EIB) is lending €50m ($52.2m) to dairy cooperative Mlekpol, Poland’s largest dairy manufacturer, for the construction of a powdered dairy production plant in Mrągowo, eastern Poland.