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Bega’s share shed paves the way for Saputo takeover of Warrnambool

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.

Bega Cheese sells Warrnambool stake to takeover rival Saputo

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.

Vinamilk gets government go-ahead for Cambodian dairy deal

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.

Probiotics may benefit energy metabolism in obese people: Human data

Daily supplements of probiotics combined with an herbal preparation may improve obesity-related parameters, according to a new study from South Korea.

Fonterra recalls Anchor fresh cream over E.coli fears

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.

Adoption of western style products in ready-to-drink market

Oystar sees surge for iced coffee drinks in Japan

Oystar, which supplies packaging machinery to companies including Danone, Nestlé and Müller, has seen a surge in iced coffee drinks in Japan.

Danone to sue Fonterra over WPC botulism recalls

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.

Lactalis to acquire Indian dairy Tirumala Milk Products

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.

News in brief

Amul Dairy to market milk in US: reports

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.

INSIDE... TETRA PAK MODENA

Emerging market dairy customers 'setting a standard': Tetra Pak

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 eyes China infant formula growth through Changsha Yingke buy

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.

Takeover Panel steps in to bring order to Warrnambool mess

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.

Fonterra WPC incident not result of 'regulatory failure': NZ Gov

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.

Australian regulator blocks Saputo WCB takeover bid

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. 

Danone WPC dispute talks 'not working out': Fonterra

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.

News in brief

Fonterra Australia completes purchase of Tamar Valley Dairy assets

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 attempts to block Saputo's 'simplified' WCB takeover bid

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.

FAO backs dairy to raise nutrition among poorest people

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.

Saputo launches ‘improved and simplified’ WCB takeover bid

Canadian dairy giant Saputo has tabled an “improved and simplified” takeover offer for in-demand Australian dairy Warrnambool Cheese and Butter (WCB).

Beer, baby and dairy: Australia’s top food export future

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. 

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