The New Zealand government sets up a working group to improve dairy product traceability in the wake of Fonterra' global recall last year of whey protein concentrate mistakenly suspected of containing a botulism-casing bacteria.
Canadian dairy giant Saputo has closed its unconditional all-cash takeover offer for Warrnambool Cheese and Butter (WCB) and now holds 87.92% share in the Australian firm.
Fonterra and DairyAmerica have confirmed that they will not renew their export agreement upon the completion of its current term, effective 1 August 2014.
Dean Foods Co, the largest U.S. dairy processor, warned of a first-quarter loss as a spike in China's demand for imported milk products sent raw milk prices soaring.
Canadian dairy processor, Saputo has increased its stake in Victorian dairy processor, Warrnambool Cheese and Butter to over 80 percent as of this morning.
Canadian dairy major Saputo has booked an increase in third-quarter sales and earnings, boosted by its acquisition of Morningstar Foods and a strong performance from the group's international businesses.
China's raw milk shortage in December has turned into a severe challenge for the country's dairy farms this year, as most struggle to get forage crops sufficient to boost productivity, industry insiders said.
William Hui, a Hong Kong-based investor, has entered into a sale agreement for the purchase of Australian milk supplier United Dairy Power (UDP) for $70m.
While the actual number of dairy products featuring omega-3 claims has risen over a five-year period, their total share of dairy launches (excluding dairy alternative drinks) fell from 2.4 per cent in the 52 weeks to the end of October 2008 to 1.5 percent
Canadian dairy company Saputo has announced that it has now acquired more than 50% of the shares of Australia’s Warrnambool Cheese and Butter Factory, giving it majority control.
The Abraaj Group has entered into an agreement to acquire majority stake in Turkish dairy firm Yörsan Group, alongside the European Bank for Reconstruction and Development (EBRD).
Organic food manufacturer Pastry Smart has introduced Jack Crisps, an all-natural cracker cheese brand at the Specialty Food Association’s 39th Annual Winter Fancy Food Show 2014 in San Francisco.
New South Wales-based dairy company Bega Cheese Limited (Bega) has announced its intention to sell its 18.8 per cent shareholding in Warrnambool Cheese and Butter (WCB) to Canadian dairy company Saputo.
