The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Swedish dairy products and fruit juices company Skanemejerier by French dairy giant Lactalis. The Commission
Tag "Sweden"
The boards of Milko and Arla Foods are discussing a proposed merger of the two Scandinavian dairy co-operatives. Following an unsatisfactory profit performance in 2011 and in order to avoid
Arla Foods is to rationalise its yellow cheese production to counter international competition and declining milk volumes in Sweden. The Scandinavian dairy group’s restructuring plan aims at consolidating part of
Falling sales volumes and a decrease in contract manufacturing coupled with rising raw material prices, which weakened margins, have adversely impacted on the financial performance of Swedish confectionery manufacturer Cloetta
Raisio, the Finnish foods and functional food ingredients manufacturer famous for its Benecol brand, and Danish DLA Group have signed a co-operation agreement to coordinate their procurement activities in several
Dairy co-operatives Arla Foods of Scandinavia and Hansa-Milch Mecklenburg-Holstein of Germany are set to merge. A merger plan put forward by the boards of the two companies has now been
Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian dairy group Arla Foods to post a hugely increased profit
Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of 2010 as consolidated turnover edged up 1% to Eur127.2m. On
Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head its new, dedicated business unit covering the Nordic region. The
Unilever is acquiring Diplom-Is, a Danish ice cream business, from TINE, the Norwegian dairy group, for an undisclosed price. Employing 30 people, Diplom-IS operates five local distribution centers in Denmark.
Milko, one of Sweden’s largest dairy companies, is to close down two of its four processing plants. Milko plans to shut its facilities in Karlstad and Sundsvall next year, resulting
Having been forced by the severe economic environment in 2009 to make cuts across its business, Arla Foods has substantially increased its investment budget for 2010 to DKr1.84 billion (Eur250