Tag archive for ‘Dairy industry news’
Kerry Group suspends talks with Kerry Co-Operative regarding dairy business
By businessnewstoday On Thursday, April 15th, 2021
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Kerry Group suspends talks with Kerry Co-Operative regarding dairy business

Kerry Group has confirmed that talks with Kerry Co-Operative Creameries pertaining to a potential transaction for its dairy-related businesses in Ireland and the UK have been suspended. The company in February 2021 More...

Hatsun Agro Product Solapur dairy factory begins commercial production
By businessnewstoday On Thursday, February 25th, 2021
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Hatsun Agro Product Solapur dairy factory begins commercial production

Indian dairy company Hatsun Agro Product (HAP) said that commercial production at its milk and milk products plant in Solapur, Maharashtra, which was newly commissioned. Hatsun Agro Product said that the new dairy More...

Bega Cheese to acquire Lion Dairy & Drinks for $412m
By businessnewstoday On Thursday, November 26th, 2020
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Bega Cheese to acquire Lion Dairy & Drinks for $412m

Bega Cheese has agreed to acquire Lion Dairy & Drinks for AUD560 million ($412 million) from Australian food and beverage company Lion, which in turn is a subsidiary of Japanese beverage company Kirin Holdings. Part More...

Milkio Foods launches organic ghee product in Dubai
By businessnewstoday On Saturday, October 17th, 2020
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Milkio Foods launches organic ghee product in Dubai

Milkio Foods, a New Zealand-based dairy products supplier, has formally rolled out its Milkio organic grass-fed ghee in Dubai, UAE. The organic ghee will be sold by UAE-based fruit and vegetable wholesaler Kibsons More...

New Zealand dairy giant Fonterra to divest China farms for $368m
By businessnewstoday On Monday, October 5th, 2020
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New Zealand dairy giant Fonterra to divest China farms for $368m

New Zealand dairy giant Fonterra has agreed to divest its farms in China for a total of NZD555 million ($368 million) in two separate deals. Fonterra said that it had successfully developed the farms alongside domestic More...

Italian cheese company Ambrosi secures loan from Deutsche Bank and others
By businessnewstoday On Friday, October 2nd, 2020
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Italian cheese company Ambrosi secures loan from Deutsche Bank and others

Deutsche Bank, Banco BPM and other syndicate banks, have agreed to provide a loan of €27.5 million to Italian cheese company Ambrosi. Owned by Brescia Group, Ambrosi is said to specialize in the production and More...

Kraft Heinz to sell natural cheese business to French dairy giant Lactalis for $3.2bn
By businessnewstoday On Wednesday, September 16th, 2020
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Kraft Heinz to sell natural cheese business to Lactalis for $3.2bn

US food company Kraft Heinz has agreed to offload its natural, grated, cultured, and specialty cheese businesses to a US affiliate of French dairy giant Groupe Lactalis for $3.2 billion. The deal includes Kraft More...

A2 Milk offers $176m to acquire 75% stake in Mataura Valley Milk
By businessnewstoday On Saturday, August 22nd, 2020
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A2 Milk offers $176m to acquire 75% stake in Mataura Valley Milk

Australian dairy company a2 Milk (a2MC) disclosed that it has offered to acquire a stake of 75.1% in Mataura Valley Milk (MVM), a New Zealand dairy nutrition company, from China Animal Husbandry Group, for about More...

Vinamilk soymilk and milk tea
By businessnewstoday On Wednesday, June 10th, 2020
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Vinamilk launches soymilk and milk tea products in South Korea

Vietnamese dairy company Vinamilk has launched its soymilk and milk tea products in South Korea as part of its expansion strategy in the country. Vinamilk’s soymilk, which has been launched in multiple variants More...

Arla Foods cheese production plant in Manama, Bahrain.
By businessnewstoday On Friday, October 25th, 2019
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Arla Foods opens cheese production plant in Manama, Bahrain

Danish dairy company Arla Foods has opened a cheese production plant in Manama, Bahrain to address the growing demands for dairy in the Middle East and North Africa (MENA) region, according to the latest dairy industry More...