The announcement today by Australia’s Bega Cheese to sell its stock in Warrnambool leaves the way clear for Lion to follow suit, while Canadian dairy company Saputo should now be free to take over the New South Wales cheese and butter business.
Canadian dairy giant Saputo looks a step closer to gaining control of Warrnambool Cheese and Butter (WCB), after one-time takeover rival Bega Cheese agreed to sell its stake in the Australian dairy processor.
The Vietnamese government has given Vinamilk the go-ahead by to pursue its latest international investment – the purchase of a majority stake in Cambodian dairy processor, Angkor Dairy Products.
Daily supplements of probiotics combined with an herbal preparation may improve obesity-related parameters, according to a new study from South Korea.
Fonterra Brands NZ is recalling thousands of bottles of fresh cream in New Zealand after tests revealed that the products may be contaminated with E.coli.
Oystar, which supplies packaging machinery to companies including Danone, Nestlé and Müller, has seen a surge in iced coffee drinks in Japan.
Danone has terminated its existing supply contract with Fonterra and plans to sue the dairy exporter over the whey protein concentrate (WPC) Clostridium botulinum contamination scare that led to product recalls across Asia, Australasia and the Middle East.
French dairy giant Lactalis has agreed to acquire a 100% stake in Indian dairy, Tirumala Milk Products Company - marking its entry into the world's largest dairy market.
Gujarat Cooperative Milk Marketing Federation, the Indian manufacturer of Amul brand milk and dairy products, plans to market liquid milk in the US within a year, according to reports.
The once clear divide between the technological demands of dairy manufacturers in developed and emerging markets has become increasingly blurred, Tetra Pak’s VP of technologies and service products has claimed.
Biostime looks set to acquire Chinese infant formula manufacturer Changsha Yingke Nutrition - a deal it believes will further the success of its French-made ADIMIL milk powder range.
Australia’s Takeover Panel has called the revisions made to the fraught takeover deal by Saputo of Warrnambool Cheese and Butter “confusing” and “disrupting” as it attempted to simplify the heated three-way bidding war for the Australian dairy manufacturer.
The recent Fonterra whey protein concentrate (WPC) botulism scare was “not the result of any regulatory failure,” a New Zealand government inquiry into the incident has concluded.
Canadian dairy giant Saputo has been ordered by the Australian Takeovers Panel not to process any acceptances received under its latest bid for Warrnambool Cheese and Butter (WCB), following a complaint by rival bidder, Murray Goulburn.
Fonterra may still face legal action from Danone over the recent whey protein concentrate (WPC) botulism scare, the New Zealand-based dairy cooperative's CEO has admitted.
Fonterra has completed the purchase of the assets of Tamar Valley Dairy, an Australian yogurt manufacturer that went into administration earlier this year.
Murray Goulburn has asked the Australian Takeovers Panel to force Saputo to drop its recent “improved and simplified” offer for in-demand Warrnambool Cheese and Butter (WCB), and reinstate previously proposed special dividends.
Dairy products have an important role to play in improving nutritional levels among the world’s poorest people, the Food and Agricultural Organization (FAO) says in a new book.
Canadian dairy giant Saputo has tabled an “improved and simplified” takeover offer for in-demand Australian dairy Warrnambool Cheese and Butter (WCB).
Food is expected to be one of Australia’s top five exports in the next decade, at a time when Asian markets are expected to remain the top export destinations for the country, a new report from research firm IBISWorld has said.