Danone and Yashili, a division of China’s Mengniu Dairy Co, have signed a memorandum of understanding (MOU) whereby Danone acquires 49% of the shares of the dairy company Yashili New Zealand Dairy Co.
Infant formula firm Bubs Australia has entered a binding manufacturing agreement with a CNCA-licensed production facility as part of its efforts to achieve CFDA (China Food and Drug Administration) registration, while also inking a deal with Alibaba to...
More than 160 jobs are at risk as Arla Foods UK plans a reorganization of its cheese business and warehouse network, with another 195 people affected in support functions, primarily at the cooperative’s Aarhus, Denmark headquarters.
New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.
The Arla Foods amba board of directors has appointed Jan Toft Nørgaard from Skærbæk, Denmark, to succeed Åke Hantoft as chairman of Arla Foods amba, when Hantoft steps down on July 2 after seven years in the role.
Swiss nutrition company Hochdorf Swiss Nutrition Ltd has acquired the Swiss baby care producer Bimbosan AG in a cash and share deal (10% treasury shares) for an estimated price of CHF 30m, which the company said represents approximately 2.5x and 13x EBITDA...
Morinaga Milk's financial results for the last year saw a slight dip overall, with net sales falling 0.1% (¥530m) year-on-year to ¥592,087m, but the firm is targeting sales success with its higher-value functional products.
Canadian dairy giant Saputo Inc. has entered into an agreement to acquire the activities of Shepherd Gourmet Dairy (Ontario) Inc. for C$100m (US$77.7m).
New Zealand’s Fonterra Co-operative Group Limited has announced an opening forecast Farmgate Milk Price of NZ$7.00 (US$4.84) per kgMS for the 2018/19 season.
UK dairy company Dairy Crest has announced it is investing £85m ($113.6m) in growing the capacity of its cheese business, £75m ($100m) of which will be invested at its Davidstow, Cornwall, plant.
UK food and drink manufacturers have fallen short of Public Health England’s 5% voluntary target for sugar reduction, achieving just 2% at the end of the first year.
Australian health and wellness company Bioxyne Limited has appointed ASVA International Sdn Bhd, Malaysia (ASVA), as its regional distributor for Thailand, Philippines, Myanmar, Cambodia and Mauritius.
More than 300 UK farmers have signed up to Arla’s new R500 program, which the company said will help ‘future-proof’ their farms and increase resilience to the impact of volatile milk prices.
Japanese company Kaneka Corporation has acquired a 34.8% share of AB-Biotics (ABB), a Spanish biotech company focusing on research, development and distribution of its own products using lactic acid bacteria.
Irish company Kerry has launched ‘Great Culinary Taste,’ which it says is a “simple approach to help bridge the gap between the great authentic taste that consumers are looking for and what our customers can produce at scale.”
The Canadian province of Ontario is partnering with the city of Kingston to improve the infrastructure needed to establish the city's first baby formula production facility, which will create up to 277 new jobs in the community.
What's in your lunchbox? Healthy meals, snacks and drinks for children
Almost one in three American children is overweight or obese, and one in every 13 has a food allergy.* So how can retailers, packaged food brands and the foodservice industry address these concerns, and develop nutritious and delicious meals, snacks,...
My/Mo mochi – portable 110-calorie ice cream bites encased in chewy sweet rice dough – are now in almost 10,000 stores from Walmart and Safeway to Wegmans and Kroger after fewer than 18 months on the market.
DairyReporter had the opportunity to speak with a variety of companies at the annual Biofach organic trade show in Nuremberg, Germany, which is the world’s biggest organic event.
Fonterra’s Brightwater dairy factory is set to reduce its CO2 emissions by 25% following an industry first move that will significantly reduce the site’s reliance on coal.
China's status as a sales powerhouse for major international infant nutrition firms has been underlined, with both Abbott and Danone reporting solid growth in the country.
Irish planning body An Bord Pleanála’s has granted permission for the development of a facility for the manufacture of Jarlsberg cheese in Mogeely, Co. Cork.
Wattle Health Australia recently signed a distribution agreement with International Supplies and Distribution Company (ISDC), a Chinese firm specialising in premium food products.
Glanbia Nutritionals has launched two new performance nutrition ingredients for formulation in functional beverages in Europe, the Middle East and Africa.
Australian Dairy Farms Group subsidiary Camperdown Dairy Company has signed what it says is a ‘significant new contract processing agreement’ with an international food company.
Supplement giant Blackmores recorded profits of $52m for the first nine months — up 19.3% — but conceded that its performance in China during the third quarter was 'below expectations'.
Dutch dairy company Royal FrieslandCampina N.V. has proposed to its members the introduction of a certified Top Dairy line with extra focus on animals, nature, and climate.
European dairy cooperative Arla Foods has launched an internal transformation program called “Calcium,” which is set to deliver more than €400m ($492m) of savings by the end of 2020.
Finnish company Valio said 2017 was a good year from a business development perspective: net sales increased by 4.3%, and it was able to pay the co-operatives a steady milk price despite the challenging market situation.
Significant investment into Ausnutria by state-owned management fund has put the Chinese government's plans for the country's infant nutrition sector in the spotlight.
‘Dieting’ and ‘reduced fat’ have become passé phrases in the world of packaged food replaced with terms like ‘clean label’ and ‘locally-sourced’, so what can explain low-calorie ice cream alternative Halo Top’s dramatic takeover of the frozen dessert...
UK dairy company First Milk has announced it will be offering its creameries in Scotland, on the islands of Arran and in Campbeltown, for sale, saying the operations need significant investment.
Müller Milk & Ingredients is reviewing a food service delivery operation supplying fresh milk and other products to 3,000 non-residential customers in England and Wales, with 250 jobs at risk.
In the UK, Müller Milk & Ingredients has confirmed details of a new initiative it said will help British dairy farmers manage the impact of extreme farm gate milk price volatility.
Abbott has launched Ensure Max Protein, a 150-calorie beverage with 30 grams of protein and all nine essential amino acids, the highest protein content in its Ensure line of nutrition drinks.
New Zealand’s a2 Milk Company (a2MC) is entering the South Korean market after signing an exclusive sales and distribution agreement with Yuhan Corporation to promote and distribute a2MC’s branded products.
