DSM to acquire Glycom to develop infant nutrition
Global nutrition name, Royal DSM, reaches agreement to purchase Human Milk Oligosaccharides (HMO) supplier, Glycom, to progress the prebiotic for infants.
Archives for February 27, 2020
What's hitting the shelves? New dairy products in February
It's time for our monthly look at some of the dairy products launched in February.
Revenues up at Glanbia, but profits dip following acquisitions
Glanbia is still dealing with the rippled effects of a few key acquisitions in the last year and a half. It brought in €3.875bn ($4.24bn) in 2019, and is banking on its performance nutrition segment to grow in 2020.
Hochdorf selling German milk plant
Swiss dairy company Hochdorf is selling its stake in Uckermärker Milch GmbH to Ostmilch Handels GmbH.
Danone looks to tackle climate change after strong 2019
Danone has reported 2019 sales of €25.3bn, up 2.6% on a reported and like-for-like basis, with a 4.1% increase in Q4 on a like-for-like basis.
Müller looks to drive down plastic use through Biffa partnership
Müller UK & Ireland has secured a long-term partnership with Biffa Polymers, which allows the dairy company to meet increased demand for packaging made from recycled materials.
Coronavirus affecting Fonterra operations
Fonterra Co-operative has reaffirmed its forecast Farmgate Milk Price range at NZ$7.00-7.60 (US$4.43-4.81) per kgMS and its forecast full-year underlying earnings guidance of 15-25 cents (US 9-16 cents) per share. It has also revised its forecast milk...
Agri-food major the latest to sink money into dairy production
Investments injecting new life into Malaysian dairy as self-sufficiency dream gets closer
FGV Holdings is the latest Malaysian government-linked company to venture into dairy, with the acquisition earlier this month of a 60% stake in RedAgri Farm, which owns the Bright Cow brand of dairy products.