FDBusiness.com

Fonterra and First Milk Form Whey Joint Venture

 Breaking News
  • Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in [...]...
  • PepsiCo Reveals the 10 Finalists Joining its 2018 Nutrition Greenhouse Programme PepsiCo has announced the 10 entrepreneurs that will form the second class of its health and wellness incubator in Europe. First launched in 2017 to support the next generation of food and beverage entrepreneurs, the PepsiCo Nutrition Greenhouse programme offers each of the 10 participating companies a €20,000 grant, and access to PepsiCo mentors and experts to take [...]...
  • PureCircle Increases Capacity to Supply Reb M PureCircle, the world’s leading producer and innovator of stevia sweeteners, has announced that its recent advances in expanding capacity now enable it to supply significantly more Reb M to global beverage and food companies. Using beverage sweetening as an equivalized example, PureCircle can now supply enough Reb M to sweeten about 500 million cases of zero-calorie [...]...
  • Introducing the Propack Synchronized Staging Transfer Model PSST/120 Propack has announced a new, economical, safe product delivery system that uses stepper servo technology to receive randomly presented products from baggers, pouchers and flow wrappers to synchronise product delivery to high-speed cartoning machines. With a maximum packing rate of 120 packs per minute (PPM) to 80 twin PPM (depending on product size), the PSST/120 [...]...
  • Bel to Produce Mini Babybel at its First Canadian Factory Bel Group, a world leader in branded cheese and a major player in the healthy snack market, plans to build its first Canadian plant in Sorel-Tracy, Quebec. The facility, which is scheduled to begin commercial production in early 2020, will be fully dedicated to producing Mini Babybel® cheese. These dairy snacks encased in small and [...]...

Fonterra and First Milk Form Whey Joint Venture

Fonterra and First Milk Form Whey Joint Venture
September 06
08:30 2011

New Zealand-based Fonterra and UK-based First Milk have established a strategic joint venture to produce premium whey proteins for Fonterra’s growing food ingredients business. The two dairy farmer co-operatives will combine their intellectual property and industry expertise to add value to the whey streams at First Milk’s Lake District creamery in Cumbria, England.

 

First Milk supplies and markets 15% of the milk produced in the UK. As an integrated company, it is a major player in the liquid milk, dairy ingredients and cheese sectors.

 

For Fonterra the joint venture is the first step in realising its goal of local European sourcing to meet the nutrition ingredient demand of European customers. For First Milk the deal adds value to the whey stream of the cheese making process, which will enhance the returns it can pass back to its farmer members.

 

Kate Allum, chief executive of First Milk.

Koert Liekelema, Fonterra Europe’s managing director, says: “First Milk shares the co-operative heritage and spirit with us and we look forward to using our consumer insights and innovative mind-set to produce products which help European consumers live healthier lives. This deal underpins Fonterra’s strategic focus on premium ingredients, in particular milk and whey proteins. Furthermore, we are very pleased to secure First Milk’s whey protein, enabling Fonterra to offer custom made, premium whey protein ingredients to the major food companies inEurope.”

 

Kate Allum, chief executive of First Milk, comments: “While this is our first step into added value whey markets, it builds on the work we have done recently with a range of partners across the supply chain to deliver pioneering solutions. Obviously the UK market remains the bedrock of our business. However, it is also important that we explore opportunities, such as this one with Fonterra, that have the potential to deliver enhanced returns for our dairy farmers.”

 

The premium whey proteins from First Milk’s Lake District creamery will be applied in Fonterra’s functional and cultured nutrition ingredients like PowerProtein and ElevateProtein, based on Whey Protein 80% ingredients (WPC80).

 

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements