Stock Market

Bellamy's has a new CEO, with Andrew Cohen temporarily at the helm.

Shares down as Bellamy’s returns to trading

By Jim Cornall

There have been changes at Australian formula makers Bellamy’s as CEO Laura McBain has stepped down and been immediately replaced with former COO Andrew Cohen taking over in a temporary capacity.

Emmi is taking over Mittelland Molkerei in Suhr, Switzerland.

Emmi takes over Mittelland Molkerei

By Jim Cornall

Swiss dairy company Emmi, which already had a 60% stake in Mittelland Molkerei AG, is acquiring a 40% share package from AZM Verwaltungs AG, the investment firm of the Mittelland Milk Producers’ Cooperative (MPM).

Bega’s share shed paves the way for Saputo takeover of Warrnambool

Bega’s share shed paves the way for Saputo takeover of Warrnambool

By RJ Whitehead

The announcement today by Australia’s Bega Cheese to sell its stock in Warrnambool leaves the way clear for Lion to follow suit, while Canadian dairy company Saputo should now be free to take over the New South Wales cheese and butter business.