Tag: Dairy industry news
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. ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
Fonterra plans to consolidate specialty cheese production plants after annual net loss
Fonterra Co-operative Group, a New Zealand multinational dairy co-operative, is planning to consolidate its specialty cheese production plants following poor annual financial performance for FY19. ... Read More
Borden rolls out new dairy product Kid Builder in US
US dairy company Borden has released new Borden Kid Builder, the firm’s first 2% no-sugar-added milk for kids, as per the latest dairy industry news. ... Read More
Aurora Organic Dairy inaugurates milk production plant in Columbia
US dairy farming company Aurora Organic Dairy, a producer of store-brand organic milk and butter for retailers, has officially opened a 127,000sft milk production plant ... Read More
Baba Ramdev Patanjali Ayurved forays into cow milk business
Dairy industry news : Baba Ramdev’s Patanjali Ayurved has forayed into cow milk business by introducing cow milk and cow milk-based dairy products while setting ... Read More