Dutch dairy giant Royal FrieslandCampina (FC) has entered into an agreement with the Irish Dairy Board to acquire its Belgium-based continental cheese packing segment IDB Belgium N.V.
Adams Food Ingredients (AFI) is investing millions of pounds in a new build factory at its headquarters in Leek, Staffordshire to increase its range of products and services.
The Irish dairy industry must step up innovation if it is to remain
competitive in a changing European market place, according to one
of the country's leading processors and ingredient suppliers.
The Irish Dairy Board (IDB) has shrugged off slashed CAP subsidies
and taken advantage of favourable international trading conditions
to notch up a steady increase in both profits and turnover during
2004 trading, Tom Armitage reports.
South Africa has slapped an import tariff on Irish cheese, alleging
that dumping has priced domestic cheese producers out of the market
and also led to a 15 per cent fall in milk prices, Tom Armitage
reports.
Despite a year of protracted low prices together with high stocks
and poor demand the Irish Dairy Board (IDB) reported satisfactory
financial results for 2002.
The Irish Dairy Board, producer of the Kerrygold brand, has
acquired Meadow Cheese, a UK-based company supplying cheese to
producers of processed convenience foods.