News & Analysis on the Dairy Industry & Markets
Austrian fruit processing company AGRANA Fruit, part of the AGRANA Group, has consolidated its presence in the South American market through the acquisition of 100% of the shares in Main Process S.A., a producer of fruit preparations.
Artisanal vegan cheese maker Miyoko’s Kitchen has completed a $6m series B financing round led by JMK Consumer Growth Partners and supported by Obvious Ventures, Stray Dog Capital, and CircleUp’s internally-managed fund.
The University of Queensland (UQ) in Australia is opening a $1m new Food Science Innovation Precinct to drive new products and research in probiotics, omega-3, functional foods and dairy.
Latvia-based Food Union Group, an international group of dairy and ice cream producing companies in Northern Europe, has received a combined $225m investment from Asian private equity firm PAG, and Meridian Capital, an existing investor.
US cheesemaker Sargento has been “closely monitoring and gathering information” after learning that a specialty Colby Cheese supplied by Deutsch Kase Hause may have been contaminated with Listeria monocytogenes.
The Co-operativa Central Gaúcha Ltd (CCGL) in Brazil has increased production capacity at its Cruz Alta plant with the purchase of a filling machine from SIG Combibloc.
Singapore-based Fraser and Neave Limited (F&N) recorded revenue of SGD$495m ($349m) for the first quarter ending December 31, 2016.