Taking colostrum to consumers
Pedersen Biotech, based in Vejle, Denmark, creates products from colostrum.
Archives for May 28, 2018
News in brief
Arla Foods appoints new chairman
The Arla Foods amba board of directors has appointed Jan Toft Nørgaard from Skærbæk, Denmark, to succeed Åke Hantoft as chairman of Arla Foods amba, when Hantoft steps down on July 2 after seven years in the role.
Hochdorf acquires Swiss baby care company Bimbosan
Swiss nutrition company Hochdorf Swiss Nutrition Ltd has acquired the Swiss baby care producer Bimbosan AG in a cash and share deal (10% treasury shares) for an estimated price of CHF 30m, which the company said represents approximately 2.5x and 13x...
Functional food a priority for Morinaga Milk as full-year sales dip
Morinaga Milk's financial results for the last year saw a slight dip overall, with net sales falling 0.1% (¥530m) year-on-year to ¥592,087m, but the firm is targeting sales success with its higher-value functional products.
China infant formula demand: Product shortages continue in Australia despite increased production
Insatiable demand from China is seeing infant formula fly off the shelves in Australia, resulting in shortages at retail stores and pharmacies, despite manufacturer efforts to increase production.