In August, Mexican dairy company Grupo Lala, S.A.B. de C.V., announced its acquisition of the Brazilian company Vigor Alimentos, S.A., which includes its shareholding in Itambé Alimentos, S.A.
Glanbia Co-operative Society Limited said it has transferred, via a “spin-out,” around €92m ($109m) worth of Glanbia plc shares to more than 14,700 members.
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.
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).
Royal FrieslandCampina N.V. has signed a share purchase agreement with Engro Corporation in Pakistan to acquire 51% of the shares in its subsidiary Engro Foods Limited, in partnership with the World Bank Group’s International Finance Corporation (IFC)...
Saputo-owned Warrnambool Cheese and Butter (WCB) has agreed to acquire the "everyday cheese" business of Australian rival Lion Dairy and Drinks (LDD) for AU$137.5m (US$107m, €95m).
Chobani has confirmed that it has been looking for a new CEO for some time, but says the process was set in motion by its current CEO, founder and chairman Hamdi Ulukaya, so “to imply that he is being pushed out by the board is completely ridiculous”.
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.
Canadian dairy giant Saputo looks a step closer to gaining control of Warrnambool Cheese and Butter (WCB), after one-time takeover rival Bega Cheese agreed to sell its stake in the Australian dairy processor.
Canadian dairy giant Saputo has been ordered by the Australian Takeovers Panel not to process any acceptances received under its latest bid for Warrnambool Cheese and Butter (WCB), following a complaint by rival bidder, Murray Goulburn.
FrieslandCampina has acquired a 7.5% stake in New Zealand-based infant formula manufacturer Synlait Milk through an initial public offering (IPO) of shares by the company.
New Zealand-based infant formula manufacturer, Synlait Milk, has launched an initial public offering (IPO) of shares in the hope to raising around NZ$120m (US$93m) to fund a series of "growth initiatives."
Mengniu has launched a general offer to acquire all outstanding shares of Hong Kong-based infant formula manufacturer Yashili International Holdings – the latest move by the company's to increase its interest in rival Chinese firms.
The civil investigation into Parmalat’s May 2012 $904m intra-group acquisition of Lactalis American Group (LAG) has appointed a special commissioner to oversee an audit calculating a final price for the disputed deal.
Irish dairy giant Glanbia is “confident” of delivering its full year profits target, despite reporting marginal growth for the first nine months of 2012.
Italian prosecutors have opened an investigation into the legality of Parmalat’s May 2012 $904m intra-group acquisition of Lactalis America Group (LAG).
Fonterra has confirmed to DairyReporter.com that it is undertaking a review of its New Zealand speciality cheese business Kapiti, but was unable to reveal whether any specific plants were earmarked for closure.
Müller's £280m takeover of UK dairy processor Robert Wiseman Dairies was declared “unconditional” on Wednesday, as the German dairy operator secured 93.9% of the Scottish firm's shares.
Ecolab said it has completed the US$8.3bn (€6.4bn) takeover of Nalco as part of a strategy to tap into global mega-trends such as food safety and the need for industry players to maximize operational efficiencies such as energy and water reductions.
An Italian police investigation into allegations of market rigging surrounding the Lactalis purchase of shares in Parmalat SpA (PLT) won't jeapardise its takeover bid, according to a leading analyst.
DuPont’s €4.9bn acquisition of Danish probiotics and sweeteners specialist Danisco this week is vindication of the increasing economic viability of functional foods, according to analysts.
As Danone’s share price continues to fall three days after its half year results were released, the company cites several potential reasons for the dip but insists that health claims uncertainty is not among them.
Glanbia is revising its 2010 earnings per share guidance upwards as figures from the dairy ingredients business improve with the recovery in global dairy prices.
Reports of my death have been greatly exaggerated, quipped Mark Twain. Predictions of the demise of Cadbury following the approval of Kraft’s offer are premature and are flawed by knee-jerk anti-Americanism.
Chr Hansen has reported a year of strong growth in 2007/8, putting it in a strong position to expand in the life sciences arena, and in particular health and nutrition.
Rumour, according to the Romans, is a feathered beast with a myriad eyes and tongues. Last week she went bristling through the Danish business pages, spreading the news that Danisco could be bought by a private equity firm.
The chairman of New Zealand dairy cooperative Fonterra says its
farmer shareholders are not in danger of losing their controlling
stake of the company should a proposed restructuring and
public offering go ahead.
Norwegian fish oil producer EPAX is to be acquired by compatriot
Austevoll Seafood - a move that will give it a vertically
integrated supply from fishing to omega-3 oil supply and avoid
potential sourcing problems for the future.
The trial of Calisto Tanzi, founder of scandal-hit Italian dairy
giant Parmalat, commences today amid charges of false accounting
and share price manipulation.
San Miguel, the Philippines food and beverage group, has trumped a
rival bid from Fonterra, the world's biggest dairy exporter, to buy
Australia's National Foods, Tom Armitage reports.
New Zealand dairy co-operative Fonterra has upped its share price
offer for Australia's leading dairy company National Foods,
trumping a rival bid from San Miguel Corporation (SMC) and gaining
the unanimous backing of National...
Israeli flavour firm Frutarom, with clear ambitions to become one
of the top ten flavour players, is seeking a listing on the London
Stock Exchange to raise funds for imminent acquisitions.
The New Zealand dairy giant has threatened to walk away from it
takeover bid for Australian-based National Foods on the grounds
that the AUD$2 billion (€1.14bn) asking price is too much.
Cargill is to increase its stake in the Romanian edible oils market
with the acquisition of the local company Olpo Podari. And with
another possible acquisition on the cards, the giant US
agribusiness group clearly sees significant...
Emmi, the leading Swiss dairy company, has announced it is to make
an initial public offering (IPO) in a bid to bolster export sales
and consolidate investment across its nutritional dairy-based
drinks division, Tom Armitage reports.
Management at the Royal Schouten group, parent of soy ingredients
business Acatris, has increased its share in the company under a
new shareholder structure designed to allow it to move more easily
on strategic developments, such...
