Parmalat

Nestlé’s portfolio is the most valuable globally, with a combined brand value of $70.5bn, up 11% on the previous year. Pic: ©Getty Images/bluebay2014

Top 10 dairy brands: Yili closes gap on Danone

By Jim Cornall

The latest Brand Finance Food & Drink 2019 report shows that, again, Switzerland’s Nestlé tops the food ranking, although its brand value increased by just 1% year on year to $19.6bn.

Lactalis Group acquired Ehrmann Commonwealth Dairy, the US yogurt business of Ehrmann AG.

Lactalis busy with North American acquisitions

By Jim Cornall

Following the purchase last week of Kraft Heinz natural cheese activities in Canada, French dairy company Lactalis has further dipped into the market by acquiring the US yogurt division of Ehrmann AG.

The company is projecting a contraction compared with the previous year of about -1% for net revenue and within a range of -3% to 0% for EBITDA.

Parmalat H1 revenue down but profit grows

By Jim Cornall

Italian dairy company Parmalat S.p.A. has issued its first-half financials, which show a net revenue of €3.03bn ($3.5bn), €240.4m ($278m) less than the first half of 2017.

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