Valio and Arla say they have reached an amicable settlement after Arla filed a suit in 2014 demanding compensation for Valio selling milk on the wholesale market below the cost of production.
Dairy giant Danone is one of several members of Canada's plant-based food industry that has announced the formation of Plant-Based Foods of Canada (PBFA).
Aspen Pharmacare Holdings Limited, a global pharmaceutical company based in South Africa, has announced today, in conjunction with the announcement of its annual results for the year ended June 30, 2018, that it has concluded an agreement to divest of...
New Zealand dairy cooperative Fonterra has announced its FY18 annual results, the plan to improve its business performance and the outlook for FY19, including a review of its investment with Chinese company Beingmate.
Bubs Australia’s current CEO Nicholas Simms has announced his resignation from the infant nutrition firm, with founder, MD and former CEO Kristy Carr to take over her previous duties once more.
Japanese beer and beverage giant Kirin has announced a strategic review for Lion Dairy and Drinks - a producer and distributor of dairy products and beverages in Oceania – with the sale of the unit one of the options.
Blackmores insists its recent supply chain challenges — documented in its half-yearly results six months ago — have now eased, with CEO Richard Henfrey adding that new measures would hopefully help to avoid future shortages.
A ground-breaking ceremony has been held to mark the construction of an integrated dairy complex in Russia’s Kaluga region, around 80km southwest of Moscow.
Royal FrieslandCampina has announced it will invest €23m ($26.6m) in local milk production as part of its Dairy Development Programme (DDP) in Nigeria, according to Hein Schumacher, the company’s CEO.
More than 70 rising start-ups entered projects to the SIAL international jury to be presented at the Rising Start-ups area of the Future Lab section at the SIAL food event to be held in October in Paris.
New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price from NZ$7.00 (US$4.66) per kgMS to NZ$6.75 (US$4.49) per kgMS.
The Government of Canada is investing in its dairy industry by awarding C$2.6m (US$2m) to Cows Inc., a dairy processor from the province of Prince Edward Island (PEI) that produces ice cream, cheese, butter and runs a line of ice cream parlors across...
Because farmers are facing a tough financial situation, partly because of the Europe-wide drought, Arla Foods is proposing to give all 2018 net profits to farmers due to the positive development of Arla Foods’ balance sheet.
South African fisheries company Sea Harvest has announced its wholly-owned subsidiary, Cape Harvest Food Group Proprietary Limited, has concluded a share purchase agreement of R527m ($30.9m) to acquire the entire issued share capital of Ladismith Cheese...
Australian Dairy Farms Group Limited is acquiring Flahey's Nutritionals Pty Ltd, owners of Flahey's Future, a certified-organic formula containing vitamins, minerals, protein, carbohydrates, fats and prebiotic fiber.
Dutch dairy cooperative FrieslandCampina said the number of dairy farmers that will receive solar panels in the coming period through its solar program has more than doubled compared to last year.
Fonterra’s new cream cheese plant has started production and is set to manufacture up to 24,000 metric tonnes of cream cheese annually for the Chinese market.
Japan’s Ministry of Health, Labour and Welfare has revised an ordinance to permit the production and sale of liquid infant formula, leading some of the country’s biggest players to express an interest in entering the market.
Latin American consumers are interested in high-protein yogurt, but the products have to also be indulgent, according to Arla Food Ingredients, which showcased a solution at the Fi South America expo.
The Caloris Concentrix MVR evaporator has obtained a US patent, providing cheese processors and other manufacturers the highest available energy and operational efficiencies in a compact evaporator.
Australia-based a2 Milk Company (a2MC) entered the US market in 2015 and now makes its Walmart debut this summer. The company reported major growth over its last fiscal year with a 68% increase in total revenue.
By thinking inside the box, the husband and wife duo behind Brooklyn-based ice cream company Ample Hills Creamery hopes to better connect consumers to each other and the brand with the launch of unique square-shaped pints at retail.
Infant formula firm Ausnutria Dairy has announced a 51.6% year-on-year growth in revenue to RMB2,582.4m for H1 2018, largely attributed to the continuous increase in the sales of its house-brand formula products.
Singapore’s Agri-Food & Veterinary Authority (AVA) has recalled a batch of Dumex Mamil Gold Infant Milk Formula - Step 1 (850g) after detecting cronobacter sakazakii bacteria in samples.
ASX-listed retail firm AuMake International has entered into a supply agreement with New Zealand-based Pure Nutrition to develop an exclusive formula milk range made with A1 and A2 beta-casein proteins for China.
With sales of yogurt flattening but consumer demand for high-protein, high-fat foods that are convenient still on the rise, several brands are launching updated versions of cottage cheese as an easy side-step for yogurt-lovers who want something new....
The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.
New Zealand’s Keytone Dairy Corporation Limited said its CNCA (Certification and Accreditation Administration of the People's Republic of China) registration has been confirmed and is effective until November 2021, while also providing an update...
Fonterra Co-operative Group has announced Miles Hurrell will take over as the New Zealand cooperative’s interim chief executive with immediate effect, and the search for a new CEO will temporarily be halted.
German dairy cooperative DMK Group said it is responding to changing consumer needs with updates to its Milram brand as more consumers are paying attention to a health-conscious diet and are increasingly turning to products with as little sugar as possible.
Fonterra Co-operative Group Limited has revised its forecast 2017/18 Farmgate Milk Price, and updated its normalized earnings per share and dividend guidance.
St. Johns, Michigan, has been selected as the site of a new large-scale cheese and whey facility, Glanbia Nutritionals, Dairy Farmers of America (DFA) and Select Milk Producers Inc. (Select) said in a joint announcement.
Land O’Lakes Inc. has announced that it has acquired Agren Inc., a company that develops soil health and conservation planning software. It will become a part of Land O’Lakes SUSTAIN, a farmer-focused division of the dairy company.
Fonterra has announced a joint venture partnership with one of India’s largest consumer companies, Future Consumer Ltd, to produce a range of consumer and foodservice dairy products for the Indian market.
In India, Hindustan Unilever Limited (HUL) has announced it has signed an agreement with Vijaykant Dairy and Food Products Limited (VDFPL) and its group company to acquire its ice cream and frozen desserts business consisting of its brand Adityaa Milk.
Australian organic infant formula manufacturer Bubs has announced a massive rise of over 500% in sales, thanks largely to the growth in export sales to China.
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.
New Zealand dairy company Synlait Milk Limited has sought to clarify its arrangements with Tetra Pak and Ebert Construction Ltd in the delivery of two capital projects at Synlait Pokeno and Synlait Dunsandel, following the announcement that Ebert Construction...
Mauricio Leyva Arboleda will replace Scot Rank as CEO of Mexico’s Grupo Lala, effective September 1, 2018. The news comes just ten days after the company released its second quarter results.
Shareholders of Ekosem-Agrar GmbH, the German holding company of Russian milk producer Ekoniva Group, have decided to change the legal form of the company into a German stock corporation.
