Archives for October 30, 2017

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Yoghurt soars as China develops new dairy foothold

By RJ Whitehead

Cheaper production costs and higher quality products have led foreign companies to dominate most Chinese dairy markets, but high margins and booming demand have put local firms in pole position in the yoghurt market.

Saputo to take over Murray Goulburn for $1bn

By Jim Cornall

After many rumors over the potential sale of Australia’s Murray Goulburn Co-Operative Co. Limited, Canadian dairy company Saputo Inc. has emerged as the company that will take over the cooperative.

Grupo Lala completes Vigor Alimentos acquisition

By Mary Ellen Shoup

Grupo Lala has completed the acquisition of a 99.9% share of Brazilian dairy company Vigor Alimentos, S.A. in a deal worth $1.3bn, aligning with the company’s strategy of expanding its value-added dairy business in South America.