TasFoods to take over Pyengana Dairy
Australia’s TasFoods Group has announced the acquisition of the assets of Pyengana Dairy Company for a cash deal of A$1.55m (US$1.21m).
Australia’s TasFoods Group has announced the acquisition of the assets of Pyengana Dairy Company for a cash deal of A$1.55m (US$1.21m).
Serac has seen growing success with Combox, its packaging production and filling technology in a single block unit, within dairy for cartons, pouches, cups and bottles.
Chr Hansen has developed cultures for lacto-fermented soy and coconut yoghurts with the taste, texture and healthiness of traditional dairy. ‘It’s still niche but we want to be the first innovators here,” the firm says.
Dateline Southeast Asia
In the Philippines, a proposed excise tax on sweetened beverages will not cover milk and infant formula, as had been originally mooted.
New Zealand’s second biggest dairy cooperative, Westland Milk Products, has recovered from a loss in the 12 months ended July 31, 2016, to post a break-even profit before tax for the 2016-17 financial year.