Friesland Foods and Campina revealed today that exploratory talks
are underway to merge into a global dairy giant - and
Campina CEO Justin Sanders is standing down "to give the
talks more chance for success".
Dutch dairy firm Campina is aiming to reach critical mass in its
penetration of the North American functional and nutritional
ingredients sector, entering into a joint venture with Canada-based
Campina has bought dairy ingredient producer Inovatech Argentina,
signalling the Dutch-owned company's desire to reach further into
the global specialized ingredients market, with an particular
emphasis on nutrition.
Dutch dairy giant Campina has clearance to call its new milk
derivative product Valess a 'meat alternative' but must provide
more nutritional information about the recipe on its website, a
Dutch court rules, reports Lindsey...
Arla Foods and Campina, two of Europe's largest dairy
co-operatives, have abandoned their much-hyped plans to merge,
after failing to secure the confidence of their respective boards,
Tom Armitage reports.
Campina, the Dutch dairy co-operative, yesterday informed its
member-farmers that the date of a crucial vote determining whether
it will merge with Arla Foods has been pushed back, to allow both
groups more time to reconsider "unresolved...