American Dairy readies for expansion
One of China's leading producers of milk powder and soybean products, American Dairy, has got off to a strong start following its formation in May 2003 and subsequent acquisition of Beibei Foodstuff in November.
Archives for April 14, 2004
Campina acquires Parmalat Thailand
Campina, the international dairy company, is to acquire the Thai dairy activities of disgraced Italian group Parmalat. Campina said that the move was in line with its strategy to exploit the Asian dairy market, and the fallen giant's assets will be...
UK sugar regime expensive business for food manufacturers
Sugar giant British Sugar helped boost six month results for its parent, food and ingredients firm Associated British Foods, which this week reported double-digit growth in profits. But international agency Oxfam has criticised the EU sugar regime...