Warrnambool Cheese and Butter Factory (WCB) and Kraft Foods Australia have announced the start of a long-term partnership under which Kraft will produce specially formulated cream cheese under WCB's Sungold brand.
Parmalat has reported all-time high revenue and profit for 2012 – a feat it has attributed to an “outstanding performance” from its emerging market operations and “greater geographical diversification” through its acquisition of Lactalis American Group...
Two cheesemakers who were made redundant by Dairy Crest and Long Clawson Dairy are on a mission to bring traditional Stilton making back to Derbyshire.
Canadian dairy giant Saputo has announced plans to close a cheese manufacturing plant in Quebec – a decision aimed at improving the efficiency of its operations in the country.
A “strong” financial performance in 2012 has left Glanbia is a “stronger position” to capitalise on its competitive advantage in growth markets, the Irish dairy processor has claimed.
Genetically modified goats milk that contains high levels of a human antimicrobial protein known as lysozyme is effective at speeding up recovery from diarrhoea, say researchers.
Arla Foods has entered into talks with supplier organisation, Arla Foods Milk Partnership (AFMP), to define what it required for AFMP members to become owners of Arla Foods UK.
The $904m paid by Parmalat for sister business Lactalis America Group (LAG) could be cut by up to $144m if auditors deem the initial purchase price to be excessive, the Italian dairy giant has revealed.
Danone has topped the Access to Nutrition Index (ATNI) for its efforts to address issues such as obesity and malnutrition - despite “significant concerns” about the company’s lack of compliance with infant formula marketing codes.
The chief of EFSA’s health claims panel will discuss where the agency stands on the topic in 2013, at this year’s Vitafoods conference and expo in Geneva in May.
Parmalat has moved to dispel concerns about the legality of its intra-group acquisition of Lactalis American Group (LAG) by revealing better than expected financial results that “confirm the profitability” of the business.
Costs relating to the establishment of the a2 Milk UK joint venture contributed to a H1 profits decrease for Australasian dairy processor A2 Corporation (A2C), the company has revealed.
Dairy Farmers of America (DFA) is facing court over allegations that it manipulated trading in the Chicago Mercantile Exchange (CME) Cheese Spot and Milk Futures markets to drive up the price of dairy products across the US.
British dairy processor Dairy Crest has acquired Proper Welsh Milk for £325,000 ($490,000) – just hours after the struggling Carmarthenshire-based dairy processor went into administration.
Fonterra and Dutch premium cheese manufacturer A-ware Foods Group have signed an agreement that will see them establish separate, but “mutually-beneficial” cheese and dairy ingredient plants in the Netherlands.
Parmalat is confident of a positive outcome in the civil hearing into its acquisition of Lactalis American Group (LAG) – despite yesterday’s request by prosecutors to remove the company’s board to enable the annulment of the deal.
Oxfam will step up its campaign to improve the treatment of people and resources that form part of the supply chain of the world’s biggest food conglomerates, after it cast industry responses to its damning Behind the Brands report as ‘bland’ and ‘complacent’.
R&R Ice Cream – Europe’s largest private label ice cream manufacturer - has declined to comment on reports that it is on the verge of a takeover by French private equity firm, PAI Partners.
Italian prosecutors have asked for Parmalat’s $904m acquisition of Lactalis American Group (LAG) to be cancelled and the Parma-based dairy giant’s board to be removed, according to reports.
The first ever structured benchmark of the world’s leading food companies suggests that farm animal welfare is not being properly managed and reported by the food industry.
Muller Quaker Dairy, the joint venture between PepsiCo and German dairy giant Theo Müller Group, is rolling out Müller yogurts to more US cities in the Mid-Atlantic, Great Lakes and Southeast regions, including Chicago, Atlanta, Cincinnati and Tampa after...
Unilever and Nestlé say Oxfam missed an opportunity for a wider and more comprehensive debate about food ethics after the NGO published a damning report on the supply chains of the world’s biggest food firms this week.
Fonterra will invest more than NZ$100m ($82.4m, €62.8m) in a new ultra-high temperature (UHT) milk and cream processing plant in New Zealand in an attempt to meet growing Asian demand for heat-treated dairy products.
Irish food and ingredients giant Kerry Group has reported a 10.8% increase in operating profit for the year of 2012 on the back of strong growth driven by its ingredients and flavours arm.
Associated British Foods – worst-in-class in an Oxfam report critical of 10 food giants for essentially operating under a corporate social responsibility (CSR) “veil of secrecy” – has hit back, slamming the report ‘s findings as “ridiculous”.
Saputo intends to pull the plug on its European operations after just seven years on the continent – citing a lack of “short to mid-term opportunities” to ensure profitability.
Danone has increased its stake in Moroccan dairy processor Centrale Laitière to 67% - a deal it has pinpointed as a “key step” for the company in North Africa.
Arla Ingman – Arla Foods’ Finnish business – seriously considered abandoning the country’s fresh milk market over the “unfair and illegal” pricing policy practiced by industry rival Valio.
Arla Foods has reported record high profits of DKK 1.9bn ($340m) for 2012 – an achievement it has attributed to double-digit sales growth from Russia, China, and the Middle East and Africa region.
Dairy Crest has announced a board and senior management shake-up – a move the British dairy processor anticipates will lead to cost savings of at least £5m per year.
US co-operative Dairy Farmers of America (DFA) has launched an investigation to determine what caused a “hazardous” chemical release at its Adrian, Michigan processing plant last week.
US dairy giant Dean Foods has elected Robert Wiseman, the former managing director of UK dairy processor Robert Wiseman Dairies, to its Board of Directors – through which it hopes to benefit from Wiseman’s “deep dairy experience.”
PepsiCo CEO Indra Nooyi says the firm has a ‘terrific position’ as the top food and beverage business in Russia, where 10% organic revenue growth in 2013 helped offset weaknesses in Western Europe.
Canadian dairy giant Saputo has announced plans to pursue “additional efficiencies and decrease costs” across its business after announcing only marginally improved profits for the last three months of 2012.
Nestlé is facing court in the US over allegations it used “unfair” and “monopolistic” business practices to limit the availability of Clemmy’s ice cream in a number of major supermarkets.
Nestlé’s share price fell 2.3% on Thursday as the company announced its slowest growth in three years, with developing markets hit by natural disasters and continued market weakness in Europe and the Americas.
US dairy giant Dean Foods has reported better-than-expected profit for the last three months of 2012 – a result it has attributed to better “cost control and effective pricing” from its Fresh Dairy Direct business.
Danone has been handed an interim injunction by the UK High Court preventing its use of the term ‘Greek yogurt’ to market its recently-launched brand, Danio.
The South African Competition Tribunal has approved Nestlé’s takeover of Pfizer Nutrition – but only under the condition that the acquired infant formula brands are licensed out and re-branded in South Africa for a period of 10 years.
Big Interview: Michael Shoretz, founder and CEO, Enlightened Ice Cream (Beyond Better Foods LLC)
Can ice cream actually be good for you - as opposed to just a little less bad for you? And if it can, will it sell? One man on a mission to find out is Michael Shoretz, founder and CEO of Beyond Better Foods, the start-up behind new market entrant Enlightened...
British dairy processor First Milk is increasing the amount of capital that its farmer members are required invest in the business, in an attempt to speed up the growth of its added-value dairy interests.
a2 Milk UK is confident that it will mirror the achievements of its Australian counterpart by claiming a share of the UK mainstream fresh milk market – despite only launching its first products in the country three months ago.
The South African Competition Commission has given its blessing to Nestlé’s $11.85bn global acquisition of Pfizer Nutrition – leaving it in the hands of the country’s Competition Tribunal to approve the deal.
General Mills has agreed to pay $8.5m to settle a lawsuit that alleged it launched a national marketing campaign for its Yoplait YoPlus probiotic yogurt products in the US based on misleading digestive health claims.
