Kerry to sell dairy division, focus on taste and nutrition under simplified structure
In a move towards consolidation, the Irish food major is set to offload its consumer dairy and ingredients business and focus on taste and nutrition solutions.
Mergers & acquisitions
Regulators approve Arla’s acquisition of Volac’s whey nutrition business
The UK’s Competition and Markets Authority (CMA) has approved Arla Foods Ingredients’ acquisition of Volac’s Whey Nutrition business to expand its sports nutrition portfolio.
Fonterra reveals ‘meaningful buyer interest’ for consumer businesses
The co-op will pursue two ‘attractive’ divestment options for its non-core businesses as part of a consolidation strategy announced in May 2024.
Valio spinoff Oddlygood acquires UK alt milk brand Rude Health
The deal is for an undisclosed sum and will not result in immediate changes to product offerings.
Lactalis and Sodiaal to acquire General Mills’ $2.1bn North American yogurt business
In a hotly-anticipated ‘elephant deal’, Häagen-Dazs owner General Mills has agreed to sell its US and Canada yogurt businesses, including brands Yoplait and Liberté.
What's behind the major dairy business shake-ups of 2024?
From Unilever’s ice cream division to Fonterra’s consumer and integrated divisions, some of the global dairy majors have opted to change their organizations. Why?
Milcobel to sell ice cream maker YSCO, focus on dairy portfolio
Europe’s second largest private label ice cream company is to be sold after the Belgium dairy co-operative decided to focus on its dairy ingredients and consumer products.