Manufacturers

Clement became CEO of Synlait in September 2018.

Synlait CEO to step down

By Jim Cornall

New Zealand dairy company Synlait Milk Limited has announced “with regret” that it has accepted the resignation of CEO Leon Clement.

The baby care division The division focused on current nutritional trends to expand its portfolio, developing a range based on goat's milk and a vegan infant formula based on GMO-free soya.  Pic: Hochdorf

Profit up despite sales drop at Hochdorf

By Jim Cornall

Swiss company Hochdorf Swiss Nutrition Ltd said during 2020 it largely completed the restructuring it began in summer 2019. The integration of Bimbosan was implemented with its move to Hochdorf in January 2021.

The new products are being rolled out first in Malaysia.  Pic: Nestlé

Nestlé launches dairy free Milo in Asia

By Jim Cornall

Nestlé said as consumers in Asia are including more dairy alternatives in their diet, it is launching plant-based versions of some of its brands in the region.

Dairy Dialog 128: Danone, Kerry, Veolia

Dairy Dialog podcast 128: Danone, Kerry, Veolia

By Jim Cornall

This week, we have three interviews on the podcast. We have conversations with Shannon Coco, strategic marketing director, food at Kerry North America, and Logan Cisewski, RD&A senior scientist at Kerry; Tim Duret, director of sustainable technology...

The company said the proceeds of preferential shares and warrants would be utilized to reduce short-term debt limits and enhance working capital for future growth.  Pic: Getty Images/kanzilyou

Parag Milk Foods launches growth funding plan

By Jim Cornall

Parag Milk Foods Limited, a dairy-FMCG company in India, has announced plans to raise Rs. 316 crores ($431m) by way of preferential issue of equity shares, foreign currency convertible bonds (FCCB) and the issue of convertible warrants.

The funding boost has enabled the firm to purchase and re-locate its main operations.  Pic: Kerr's Family Dairy

Kerr’s Family Dairy set for expansion

By Jim Cornall

Dundee-headquartered Kerr’s Family Dairy has welcomed a £450,000 ($623,400) funding package from Royal Bank of Scotland as the company looks to an expansion across the north-east of Scotland.

The virtual event takes place from Friday, April 23 to Sunday, April 25.  Pic: Getty Images/Pat-swan

British Cheese Weekender returns

By Jim Cornall

The British Cheese Weekender returns next month with online classes, cook-alongs, tutored tastings and virtual farm tours.

In 2020, DFA increased its net income and net sales, primarily due to acquiring a portion of Dean Foods’ assets.  Pic: Getty Images/Joseph Chavez

DFA issues 2020 financial results

By Jim Cornall

Dairy Farmers of America (DFA), a national dairy cooperative owned by family farmers, has reported its 2020 financial results today for the 12-month period ending Dec. 31, 2020.

The proposed transaction is expected to close by the end of 2021.

General Mills to sell European Yoplait operations to Sodiaal

By Jim Cornall

Global food company General Mills has entered into a memorandum of understanding to sell its 51% controlling interest in Yoplait S.A.S. to French cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business and a reduced royalty...

The board of directors has proposed the distribution of a dividend of €12.5m ($14.9m).  Pic: Granarolo

Granarolo meets 2020 financial targets

By Jim Cornall

Italian dairy company Granarolo S.p.A. said despite the challenging and complex nature of 2020, the company met its profitability targets.

Arla is set on becoming carbon net zero by 2050.

Arla ties climate to financial performance

By Jim Cornall

In 2019, Arla decided to have its environmental, social and governance performance (ESG) externally verified. The company said this demonstrates ESG performance and financial performance are equally important.

Since Bel bought it in 2002, Leerdammer sales and earnings have nearly doubled.  Pic: Groupe Bel

Lactalis set to buy Leerdammer cheese from Bel

By Jim Cornall

Bel Group and Lactalis Group said they have begun exclusive negotiations, with Bel Group set to sell Royal Bel Leerdammer NL, Bel Italia, Bel Deutschland, the Leerdammer brand and all related rights plus Bel Shostka Ukraine, to the French dairy giant.

 Fonterra said it expects its earnings performance to come under significant pressure in the second half.

Fonterra reveals Beingmate share sale in financial report

By Jim Cornall

Fonterra Co-operative Group Limited has announced its 2021 interim results, which show a total group normalized EBIT of NZ$684m (US$494m), normalized profit after tax of NZ$418m (US$302m) and a decision to pay an interim dividend of 5 cents alongside...

The company invested €2.7m in truck upgrades, which equates to a reduction of 112 tons of CO2 per annum. Pic: Food Union

Profits rise for Food Union Group

By Jim Cornall

Food Union Group, the international dairy and ice cream production and distributing group, has published its annual results for the year ending December 31, 2020.

Dairy Dialog 124: Consider Bardwell Farm, Mettler-Toledo, RMIT

Dairy Dialog podcast 124: Consider Bardwell Farm, Mettler-Toledo, RMIT

By Jim Cornall

This week, we have conversations with Consider Bardwell Farm co-owner, Angela Miller; Rob Rogers, senior advisor food safety & regulation, Mettler-Toledo Product Inspection Division; and Dr Chris Pillidge, lecturer in food technology at RMIT University...

Arla Foods UK is proposing to close its plant in Trevarrian, Cornwall. Pic: Arla Foods UK

Arla looking to close cheese site in UK

By Jim Cornall

Following a decline in site volumes due to loss of own-label cheese contracts, as well as continued instability in foodservice demand due to the ongoing pandemic, dairy cooperative Arla Foods is proposing to end production at its Trevarrian Creamery in...

Follow us

Products

View more

Webinars