All news articles for February 2022

In November, the business established a dedicated wholesale division, food&dairy Ltd. Pic: Trewithen

Cornish dairy business continues to grow

By Jim Cornall

Trewithen Dairy, a UK dairy producer, and the trading name of Cornish Farm Dairy Limited, has announced its results for the year ended April 30, 2021.

Commodity prices pushed higher in January 2022, with a weaker outlook for milk supplies in the coming months. Pic: Getty Images/nedjelly

Maxum Foods publishes February global dairy commodity update

By Jim Cornall

Global dairy commodity prices have reached historical highs and will remain under the strong influence of tight milk supplies, keeping commodity values at long-term highs, at least until the strength of the northern hemisphere spring flush is known, said...

Afreximbank said the investment is an opportunity to develop local manufacturing capacity in Mauritania. Pic: Getty Images/mtcurado

Investment made to boost dairy production in Mauritania

By Jim Cornall

African Export-Import Bank (Afreximbank) has announced an investment by the Fund for Export Development in Africa (FEDA), its development impact-oriented subsidiary, into TND SA, an FMCG company in Mauritania.

Orgain produces protein-based shakes, powders and snacks. Pic: Getty Images/RossHelen

Nestlé Health Science to buy majority stake in Orgain

By Jim Cornall

Nestlé Health Science has agreed to purchase a majority stake in Orgain, a plant-based nutrition company, from its founder Dr Andrew Abraham and Butterfly Equity, who will continue to be minority share owners.

More than 3,000 farms in southwest Ireland will participate in the initiative.

Kerry launches €6m dairy sustainability program

By Jim Cornall

Kerry Group has launched a €6m ($6.8m) dairy sustainability program to support the acceleration of science-backed sustainability actions and best practices across farms in Ireland.

Dairy Dialog podcast 167: Kezzler, Lubey, Lyras

Dairy Dialog podcast 167: Kezzler, Lubey, Lyras

By Jim Cornall

There are three interviews this week on the podcast, with Rasmus Mortensen, founder of Lyras; Ulrich Peinhardt, co-founder and CEO of Lubey; and Christine C. Akselsen, CEO of product digitization and traceability company Kezzler.

Around 70% of Scholle IPN revenues are in food and beverages.  Pic: SIG/Scholle IPN

SIG to acquire packaging company Scholle IPN

By Jim Cornall

SIG has entered into an agreement to acquire 100% of Scholle IPN, a privately held company, for an enterprise value of €1.36bn ($1.53bn) and an equity value of €1.05bn ($1.18bn).

Follow us

Products

View more

Webinars