Reto Conrad, chief finance officer of Emmi Group, has decided to pursue a new challenge in his career and will be leaving the Swiss dairy company at the end of
Tag "dairy"
Arla Foods UK has commenced building work for its £150 million fresh milk dairy in Aylesbury. Work started on site on 6 February 2012, and is expected to take 75
The global dairy market will offer strong growth prospects in the coming five years, but the uneven spread of this market expansion and an era of elevated pricing will create
Having purchased or received valid acceptances for 93.9% of the ordinary share capital of Robert Wiseman Dairies, the UK liquid milk processor, German dairy group Muller has declared its recommended
FrieslandCampina is strengthening its position in South-East Europe with the acquisition of dairy companies Imlek and Mlekara Subotica, which both have operations in the Western Balkans. This is the Dutch
Swiss dairy group Emmi increased net sales by 1.4% in 2011 to SFr2.72 billion (Eur2.25 billion) thanks to the encouraging performance of its latest acquisitions, to significant international growth and to
Olam International, a leading global, integrated supply chain manager and processor of agricultural products and food ingredients, has formed a partnership with the Russian Dairy Company (RUSMOLCO) for the large
The Irish Dairy Board (IDB) has completed the refinancing of its existing €250 million syndicated banking facility replacing it with a new three year syndicated bank loan facility of €350
Arla Foods has taken another significant strategic step into Russia by agreeing a joint venture for the production of yellow cheese with Molvest Group, the country’s third largest dairy company.
In response to the recent rise in its share price, British liquid milk specialist Robert Wiseman Dairies has confirmed that discussions regarding a possible cash offer are taking place with
UK dairy co-operative First Milk is to receive £2 million funding from the Scottish Government towards the cost of installing a brand new cheese-making facility at the company’s existing site
The board of Swedish dairy co-operative Skanemejerier has agreed to pursue sale talks with Lactalis. Approval was required to change Skanemejerier’s co-operative status. The acquisition of Skanemejerier, which has annual
Arla Foods is the first major dairy company in the UK to achieve zero waste to landfill throughout the entire UK business, including all its sites. Through maximising recycling, the
Arla Foods is expanding its business in Scotland, and plans to create a new depot in Bellshill, Glasgow, to handle additional milk and product volumes. Arla is aiming to increase
International dairy co-operative FrieslandCampina has commenced construction of its new Innovation Centre in Wageningen in The Netherlands. The new building is due for completion in mid-2013. Property developer Hurks and
Arla Foods, the Danish, Swedish and German dairy co-operative, will begin offering dairy products on GlobalDairyTrade from April 3rd 2012. With Arla Foods’ participation as a seller on GlobalDairyTrade, access
Glanbia, the Irish and international nutritional solutions and cheese group, is reported to be considering investing more than Eur50 million to establish a new greenfield dairy manufacturing site in Ireland.
Dairy group Emmi has become the first listed Swiss company to be awarded the ‘Best Board Practice’ label. The Best Board Practice label is awarded following a comprehensive assessment conducted
British dairy co-operative Milk Link has now recruited over 40% of the milk it requires for the expansion of its Lockerbie Creamery in Scotland. This securing of about 50 million
French dairy group Lactalis is reported to be in negotiations to acquire Skanemejerier, the Swedish dairy products and fruit juices co-operative. Skanemejerier achieved a net profit of SEK300.2 million ($44.6
Greek dairy producer Olympus has opened its first greenfield factory in Romania at a cost of Eur55 million, representing the company’s largest investment outside Greece. Located at Halchiu in Brascov
The newly created DMK, Germany’s largest dairy co-operative, has unveiled plans for major restructuring in order to improve cost efficiency. DMK was formed in May 2011 following the merger of
UK food and non-alcoholic drink exports grew to £5.8 billion in the first half of 2011 – a rise of
British yoghurt produced NOM UK plans to invest up to £110 million over the coming years to expand its production
Irish food and drink exports in 2011 are expected to reach a record high of €8.9 billion, an increase of
Arla Foods UK has launched its new Indian dairy range, which gives consumers the chance to buy authentic fresh Indian
Italian dairy company Granarolo has strengthened its cheese business with the acquisition of Lat Bri for an undisclosed sum. With
Swiss dairy group Emmi has posted a 2.7% increase in net sales to SFr1.31 billion (Eur1.12 billion) in the first half of 2011
Buoyed by strong global dairy markets, good demand in key nutritional sectors and first time contributions from acquisitions, Glanbia, the
The 2010/11 milk year was characterised by strong commodity markets although this was not fully reflected in farmgate prices, according
Despite the challenging economic conditions, UK dairy co-operative First Milk has managed to increase pre-tax profits from £360,000 to £7.2m
French dairy group Lactalis had secured 83.3% of Parmalat, Italy’s biggest listed food group, at the conclusion of its Eur2.5b
UK dairy group Dairy Crest is reported to planning to move into the £1.2b yoghurt market either through developing its
Reflecting higher selling prices, a better mix of products and a 5% increase in the volume of milk handled to
Following a good start to 2011 despite the continued challenging economic environment, Swiss dairy group Emmi expects to increase net
French dairy group Lactalis, which already owns 29% of Parmalat, has made a Eur3.38b offer for the remaining shares in
UK dairy co-operative Milk Link has commenced work on the first phase of a new production facility at its Cornish
The cost of buying and throwing away good food and drink reached £13.7 billion last year, reveals new analysis by
The European Commission has cleared the proposed acquisition of Hansa-Milch by Arla Food. After examining the operations of the two
Acquisitions, encouraging international growth and strict cost management have helped Emmi, the Swiss dairy group, to increase net profit by
French privately owned dairy group Lactalis, which is the world’s largest cheese manufacturer, has increased its shareholding in Parmalat, the
Dutch dairy co-operative Royal FrieslandCampina increased net revenue by 10% to Eur8.97b and profit by 57% to Eur285m during its
Exports of UK food and non-alcoholic drinks grew for the sixth consecutive year in 2010 to pass the £10b mark
Dairy co-operatives Arla Foods of Scandinavia and Hansa-Milch Mecklenburg-Holstein of Germany are set to merge. A merger plan put forward
French co-operative Agrial has strengthened its milk business by acquiring a minority stake in Delicelait, a producer of dairy ingredients,
2010 has been a year of expansion for Arla Foods following a period of restructuring and cost reduction in 2009.
Despite the difficult trading environment, Swiss dairy group Emmi achieved sales slightly higher than expected due largely to the strong
The Republic of Ireland’s food and drink export sales rose by 11% in 2010 to reach €7.9 billion. The increase,
Scandinavian dairy group Arla Foods and the Northern Germany-based Hansa-Milch are considering merging. Representatives of the two dairy co-operatives are
The European Commission has adopted a proposal on ‘contractual relations in the milk sector’. The proposal aims to boost the
PepsiCo is acquiring a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company, for $3.8b, pending the
Danone is acquiring YoCream, the leading producer of frozen yoghurt in the United States, for $103m. The deal will enable
Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, has commenced its public
French dairy group Lactalis is reported to have made an offer for Yoplait, the international dairy business, to create a
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