Dean Foods has developed a reduced-sugar version of its popular TruMoo chocolate milk product in an attempt to increase the “nutritional value” of the product in the eyes of mothers and schools.
Danone has dispelled rumours that it is seeking to increase its stake in Yakult – declaring that it has no plans to mount a “hostile bid” for the Japanese company.
Big interview: Drew Harrington and Amanda Klane, co-founders, Yasso
It’s a runaway success story that will either inspire budding entrepreneurs across the nation or have them seething with jealousy... But it’s hard to think of a better example of a product that hit the market just at the right time.
With rumors emerging that Danone is selling its 51% stake in its fruit juice JV with Chuiquita Brands International, one industry source told BeverageDaily.com that the French firm was likely ‘glad to be rid’ of a business blighted by mismanagement.
At just seven years old, Chobani is a poster boy in the eyes of some, a market-devouring monster in the eyes of others. The New York-based Greek yogurt giant’s expansion plans in North America, Europe and Australasia are ambitious. But is it taking on...
Arla Foods plans to invest more than DKK 2bn ($357m) over the next 12 months to increase its global dairy processing capabilities, boost efficiency, and reduce its impact on the environment.
Dairy Farmers of America (DFA) has agreed to pay $158.6m to settle a 2007 lawsuit that alleged it conspired with Dean Foods and others to suppress raw milk prices across 14 Southeast US states.
Greek yogurt giant Chobani has confirmed, then denied, that it is pulling out of Canada “for the time being” following the postponement of its nationwide launch in the country.
Dairy Farmers of Ontario (DFO) has been offered no “further details” of Chobani’s Canadian manufacturing plant construction plans - despite being lined-up to supply the Greek yogurt giant’s proposed new facility.
Chinese dairy Mengniu has further extinguished rumours that it is in talks to acquire milk supplier China Modern Dairy in a clarifying statement filed with the Stock Exchange of Hong Kong.
Danish ingredients company Chr. Hansen has reported increased profit and revenue in the first quarter, although lower carmine prices and volumes continued to hit its natural colours division.
Arla Foods has no plans to acquire, merge or partner with any other Chinese dairy industry players under its recently-unveiled five-year strategy, a spokesperson for the Denmark-based co-operative has revealed.
Müller Dairy UK has announced plans to invest £17m ($27.3m) in a new butter manufacturing plant at its existing Market Drayton site – marking its entry into the British butter market.
Chinese dairy giant Mengniu has denied that it is in talks to acquire farming company China Modern Dairy, after reports emerged that discussions regarding a deal were on-going.
Greek yogurt giant Chobani has been forced to postpone its nationwide launch plans in Canada after external “circumstances” led to a delay in its plans to build a manufacturing facility in the country.
A new initiative backed by the European Commission will encourage cheese making dairies in Spain to better utilise whey from cheese production as a value added ingredient.
Yakult has brushed aside claims by a number of former employees that its Argentinian business was dissolved as a result of poor management in recent years.
Chinese dairy processor Yashili has announced plans to establish infant formula manufacturing operations in New Zealand – becoming the latest in a growing line of Chinese dairy processors to make the move south.
Arla Foods intends to increase its focus on growth markets such as Russia, China, the Middle East and Africa over the next five years, in a strategic move away from the stagnated European market.
Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.
The sale of Morningstar to Canadian dairy giant Saputo has enabled Dean Foods to reduce its long-term debt by almost a third, according to the Dallas-based dairy giant.
Dairy Crest has called time on production at its Fenstanton, Cambridgeshire plant – the latest in a long line of efficiency-driven restructuring efforts by the British dairy processor.
FrieslandCampina has entered into an agreement MYWO Food Group to acquire Dutch speciality cheese manufacturer Zijerveld and its packaging business unit, Den Hollander Food.
Saputo has completed its $1.45bn acquisition of Dean Foods’ Morningstar dairy division – a move the Canadian dairy giant hopes will help to expand its US manufacturing and distribution footprint.
BWAY Corporation, which acquired Ropak Packaging for $265m last month, has reported positive full-year results and targeted further growth through acquisitions and in-house initiatives.
US Congress has cleared a bill that will extend the government’s current milk-buying programme - effectively preventing a steep increase in the price of dairy products.
General Mills has been making up lost ground in the fast-growing US Greek yogurt market, increasing its market share to 9% compared with less than 6% in early summer.
Yakult has announced that it intends to completely dismantle its Argentinian business, citing the problems encountered establishing a “sufficient business foundation” in the country.
Parmalat has been given “no indication” of the timescale of the Guardia della Finanza – the Italian Tax Police – investigation into Parmalat’s May 2012 acquisition of Lactalis American Group (LAG).
The Italian headquarters of Parmalat and its owner, French dairy giant Lactalis, have been searched by Italian police as part of an investigation into Parmalat’s May 2012 intra-group acquisition of Lactalis American Group (LAG).
FrieslandCampina plans to cuts its German workforce by more than 15% in an effort to increase its competitiveness in the country's supermarket-dominated “difficult” dairy market.
The economics of supplying plant-based foods and beverages over dairy will become increasingly compelling “because the cow is a relatively inefficient converter of grain into protein”, says the chief executive of WhiteWave Foods.
The “scale and scope” Dairy Crest’s current efforts to restructure its lagging Dairies and Spreads businesses has been “overlooked”, according to stock brokerage Panmure Gordon.
DSM has successfully completed its €85m acquisition of Cargill’s cultures and enzymes business – increasing its “critical mass” in the €1bn market for dairy industry cultures and enzymes.
Yakult Honsha’s love affair with Yonghe is set to continue with the announcement of a second plant to be built in the economic zone in Guangzhou Province, China. The factory, which will produce the Yakult fermented milk drink, is slated to open in spring...
Saputo hopes to increase its share of the US dairy market while reducing its reliance on the stagnated Canadian market through its proposed acquisition of Dean Foods’ Morningstar division.
The Coca-Cola Company is partnering with US-based Select Milk Producers to invest in the Core Power high protein milk shake brand and create a complementary value-added nutritional dairy portfolio.
French dairy giant Danone has pinpointed the restoration of Southern European dairy product consumption and demand as one of its main short term strategic priorities.
With the growth of nutritional foods in India outpacing that of China, Danone’s subcontinent head for nutrition has announced plans to double sales in India over the next three years.
