Danone CEO elected co-chair of Consumer Goods Forum board
Danone CEO Emmanuel Faber has been elected as a co-chair of The Consumer Goods Forum (CGF), the global body pursuing purpose and positive change across the consumer goods industry.
Archives for June 17, 2019
Ekosem-Agrar opens largest dairy facility in Siberia
Ekosem-Agrar AG, the German holding company of Russian milk producer Ekoniva Group, has built its largest dairy cow facility to date in Siberia's Novosibirsk region with space for 6,000 dairy cows.
Keytone Dairy eyes China with Omniblend acquisition
Keytone Dairy Corporation Ltd, based in Sydney, Australia and Christchurch, New Zealand, has executed a binding agreement for the strategic acquisition of Omniblend Pty Ltd for A$22.6m (US$15.5m) plus an earn-out.
Saputo’s annual revenue jumps 17% after three acquisitions
Saputo Inc. reported its latest fourth quarter and fiscal year results, ending March 31. It completed a series of acquisitions last year that contributed to higher revenue, while low cheese prices and struggles with the Canadian dollar hurt overall earnings.
Dairy Margin Coverage program and new visa provisions welcomed
Protections provided by the Farm Bill are rolling out to US dairy, along with a revamped visa program for year-round workers.