Tetra Pak expands cheese tech portfolio acquiring US firm
Tetra Pak has expanded its cheese technology portfolio by acquiring Johnson Industries International.
Tetra Pak has expanded its cheese technology portfolio by acquiring Johnson Industries International.
Through its Nutritional Foods arm, Japanese dairy giant Morinaga is entering the US dairy market with the launch of its ALOVE aloe vera yogurt, which will debut at the Expo West trade show in Anaheim, CA.
New Zealand supplement and health food manufacturers are likely targets for merger and acquisition activity over the next year, with private equity firms, notably from China, increasingly looking to splash the cash.