business news Archives - Dairy Industries International https://www.dairyindustries.com/topic/business-news/ Thu, 08 Aug 2024 14:30:22 +0000 en-US hourly 1 Ingredion introduces first functional native, clean label gelling starch https://www.dairyindustries.com/news/45090/ingredion-introduces-first-functional-native-clean-label-gelling-starch/ https://www.dairyindustries.com/news/45090/ingredion-introduces-first-functional-native-clean-label-gelling-starch/#comments Thu, 08 Aug 2024 14:30:22 +0000 https://www.dairyindustries.com/?post_type=news&p=45090 The minimally processed, functional native starch represents the latest innovation from Ingredion's clean label product pipeline, delivering novel texture and mouthfeel as well as natural claim enablement.

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Ingredion has today introduced NOVATION® Indulge 2940, the first functional native corn starch that provides unique gelling and film-forming properties, highly suitable for dairy and alternative dairy cheese and batters and breadings.

The minimally processed, functional native starch represents the latest innovation from Ingredion’s clean label product pipeline, delivering novel texture and mouthfeel as well as natural claim enablement. NOVATION® Indulge 2940 offers a consumer-preferred “corn starch” label, which is highly recognised and more accepted by consumers globally compared to most hydrocolloids and other common food additives for texture, according to Ingredion’s ATLAS proprietary consumer insights. In EMEA, corn starch gained 20 percentage points in consumer acceptance between 2020 and 2023, a sign that the ingredient is broadening its appeal further, across categories. 

“To formulate vegan pizza cheese or coated fried products and deliver on a clean label has been a challenge in the past. Not only can we now offer an innovative solution, we can also improve the stretch or crispness during holding time, respectively” said Constantin Drapatz, senior marketing manager EMEA, Clean & Simple Ingredients, Ingredion Incorporated. “With NOVATION® Indulge 2940, we meet growing clean label segments like batters and breadings and finally match the great story of more sustainable eating with a clean label.

Consumer interest on the importance of what is listed on a product label has grown rapidly in recent years, with 73% of EMEA consumers requiring products made with only recognisable ingredients, according to ATLAS. NOVATION®Indulge 2940 will help food brands achieve the flexibility required by today’s health-conscious consumer, delivering a clean label ingredient that doesn’t compromise on texture or taste.

NOVATION® Indulge 2940 can support cost stabilisation and improved cost-in-use thanks to the ingredient’s reliable supply. 

Further information on the benefits and potential applications of NOVATION® Indulge 2940, as well as other Ingredion offerings, can be found on the Ingredion website.

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Free From Food Dubai 2024: where business and innovation meet in the Middle East https://www.dairyindustries.com/news/45042/free-from-food-dubai-2024-where-business-and-innovation-meet-in-the-middle-east/ https://www.dairyindustries.com/news/45042/free-from-food-dubai-2024-where-business-and-innovation-meet-in-the-middle-east/#comments Tue, 06 Aug 2024 15:24:05 +0000 https://www.dairyindustries.com/?post_type=news&p=45042 Free From Food Dubai has already attracted interest from industry leaders, with confirmations from over 50 global brands.

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Scheduled for October 2nd and 3rd from 9 am to 5 pm at Le Méridien, Dubai Hotel & Conference Centre, this event is committed to promoting a healthier lifestyle and meeting the growing demand for nutritious food options.

Free From Food Dubai stands as the premier networking event of its kind. It will gather international food manufacturers, importers, traders, retailers, and various distribution channels from Europe, Asia, and the Middle East, offering a platform for networking, knowledge sharing, and business growth. The 2023 edition saw over 1200 visitors from over 70 countries. Retang Phaahla of Setsong African Tea Crafters said the show had “Great quality engagements and relevant visitors. We were able to make good leads.”  Liya Cherian of the Small Enterprise Development Association of South Africa said “SheTradesZA attended this event, and may I say it was so worth the attendance. The event was organized spectacularly.”

Free From Food Dubai has already attracted interest from industry leaders, with confirmations from over 50 global brands. Esteemed partners such as the UAE FBMG, Bolst Global, Halal Trade & Marketing Centre, Global Management, and V Label further cement the event’s status as a leading initiative in the healthy food sector. Exhibitors will include renowned companies making strides in the Middle East, Europe, and Asia-Pacific, such as Bezgluten, SDC Sin Gluten, Giribizzi, Nagual Tortillas, Heavenly Organic, Delibreads, and many more. The return of the South African National Pavilion in 2024 highlights the event’s role in fostering international business opportunities and driving industry innovation.

This two day B2B event will feature a physical showcase of groundbreaking businesses and products, an extensive curated matchmaking program ensuring numerous meetings, and a conference program featuring keynote speakers from global industry leaders. Key sessions include “Clean Label Movement: Transparency and Trust in Food Manufacturing” and “The Future of Plant-Based Foods: Trends and Innovations,” alongside panel discussions on “Health and Wellness Trends: Shaping the Future of F&B Products” and “Sustainable Value Chains: Packaging, Circularity, and Community Impact.” For the full program, visit Future Food Series Agenda 2024.  The FBMG, the UAE’s most influential F&B organisation, is closely allied with the Dubai Chamber of Commerce and Industry. FBMG supports the development of the F&B sector, providing a collaborative, innovative, and networking platform. Their membership includes global giants like General Mills, Kellogg’s, Nestle, Danone, Spinney’s, and Carrefour.

Building on the inaugural edition’s success, Free From Food Dubai 2024 is set to double in size. Pre-registration for Free From Food Dubai 2024 is now open at Pre-Registration Link. For more information on Free From Food Dubai 2024 and to explore business matchmaking opportunities, please visit: Free From Expo

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Seafrigo appoints Mike Parr as CEO of PML Seafrigo UK and Ireland https://www.dairyindustries.com/news/45026/seafrigo-appoints-mike-parr-as-ceo-of-pml-seafrigo-uk-and-ireland/ https://www.dairyindustries.com/news/45026/seafrigo-appoints-mike-parr-as-ceo-of-pml-seafrigo-uk-and-ireland/#comments Tue, 06 Aug 2024 09:00:00 +0000 https://www.dairyindustries.com/?post_type=news&p=45026 Approaching one year since Seafrigo acquired PML - the UK’s leading logistics and supply chain solutions provider for perishable goods - former PML managing director Mike Parr is taking over the reins as CEO of PML Seafrigo UK and Ireland.

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The announcement follows a reorganisation of the PML Seafrigo management team which also sees Ryan Parr assume the role of Operations Director for the UK and Ireland, overseeing the efficient and seamless transfer of temperature sensitive goods by air, ocean and road.

Commenting on the appointment, Seafrigo Group CEO Eric Barbé said, “Mike’s profound knowledge, understanding and expertise within the perishable goods market and his impressive reputation within the sector, not just as a successful business operator but also as a key figurehead and spokesperson who is regularly sought out to comment on the challenges facing our industry, combine to make him the natural candidate to continue PML Seafrigo’s growth and development. Seafrigo has exciting expansion plans in place to enable the business to continue in its journey, to becoming the world’s leading end-to-end temperature-controlled food logistics solution and I’m confident that under Mike’s stewardship, PML Seafrigo will be integral in the future success of Seafrigo Group.”

Mike Parr says, “I’m delighted to have the opportunity to be working closely with Mr Barbé to lead PML Seafrigo into the next phase of its development. Of course, when PML was sold to Seafrigo, I did consider retiring but I soon realised that I’m just not ready to adapt to the quiet life and still absolutely love the buzz associated with working in this sector! By harnessing the global presence and extensive resources associated with both companies, together with the shared ongoing commitment to the delivery of a best-in-class customer service, I firmly believe that PML Seafrigo will further enhance its reputation for excellence within the specialist field of logistics and supply chain solutions for perishable goods.”

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Secure Trust Bank provides Bradburys Cheese with £8.5 million facility https://www.dairyindustries.com/news/33599/secure-trust-bank-provides-bradburys-cheese-with-8-5-million-facility/ https://www.dairyindustries.com/news/33599/secure-trust-bank-provides-bradburys-cheese-with-8-5-million-facility/#respond Fri, 13 Mar 2020 10:20:40 +0000 https://www.dairyindustries.com/?post_type=news&p=33599 Secure Trust Bank Commercial Finance has provided Bradburys Cheese with an £8.5 million asset-based lending facility to increase its working capital.

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Secure Trust Bank Commercial Finance has provided Bradburys Cheese with an £8.5 million asset-based lending facility to increase its working capital, enabling a pipeline of new product ranges and ambitious growth plans with the company’s customer base.

Bradburys Cheese has a long and proud family-owned history, originally founded in 1884 by Reverend William John Bradbury. It was taken over in 1994 by the Paul family which took the business forward by creating a large range of products including extruding flavours, as well as supplying packaging, distributing and marketing cheese products. The family has taken the firm from a £4m turnover business to revenues in excess of £70m and now employs 180 people across the UK, with its main head office located in Buxton. Its top selling brands include Bradburys Export Cheese range, Monterey Jack, Truckle Bros and its Cricketer Farm cheese.

The company boasts over 100 clients from across the world, from Australia to Hong Kong and is the sole supplier of cheese to the Falkland Islands. It also supplies products to a world leading airline group, which delivers its cheese products to passengers on flights across the globe. In 2019, Bradburys won over 50 awards and four trophies for its products at the International Cheese Awards.

The £8.5m facility provided by Secure Trust Bank Commercial Finance will be used to fund Bradburys’ work in progress, allowing it to increase its working capital and continue to expand into new markets. In particular, the firm plans to invest in the development of a new range of snacking products to further its growth.

By working with Bradburys Cheese, Secure Trust Bank has continued its work with food manufacturers, following its work with Pensworth Food Service specialists in 2019. The firm offers a full suite of asset-based lending solutions, ranging in size from £1m to £50m, to businesses across the country.

Michelle Jackson Hanstock, managing director of Bradburys Cheese, said:We have big ambitions at Bradburys Cheese and are proud of what we have already achieved as a family-owned business. Our seven-year association with our global airline partner is an important part of our business and we want to continue to evolve in order to attract big clients. Having customers from all over the world, we want to expand on this momentum and push ourselves to create more award-winning products.

“We have found that Secure Trust Bank were the ideal partners in order to grow our business. Its flexibility has given us the opportunity to look at expansion and enabled the business to position itself as a key player in different markets.”

David Green, regional sales director at Secure Trust Bank Commercial Finance, said: “Bradburys Cheese is a global brand which has a firm family heritage at its core. Its roots are in the local economy of Buxton, providing 150 jobs for the area and with its expansion and innovation plans into new markets we hope that it will aid the economy further. The company has achieved a significant amount in recent years and we’re excited to help achieve further growth.”

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Müller appoints Michael Inpong as strategy director https://www.dairyindustries.com/news/33286/muller-appoints-michael-inpong-as-strategy-director/ https://www.dairyindustries.com/news/33286/muller-appoints-michael-inpong-as-strategy-director/#respond Mon, 03 Feb 2020 17:19:04 +0000 https://www.dairyindustries.com/?post_type=news&p=33286 Müller Yogurt & Desserts has appointed Michael Inpong as strategy director to help accelerate the brand's sustainable and profitable growth.

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Müller Yogurt & Desserts has appointed Michael Inpong as strategy director to help accelerate the brand’s sustainable and profitable growth.

The newly created role follows the recent senior appointments of Jonathan Piper as commercial director, Brand and David Hollins as commercial director, Private Label & Food Service.

Inpong’s strategy director position begins with immediate effect and sits alongside his current responsibilities as chief marketing officer.

Bergen Merey, chief executive officer at Müller Yogurt & Desserts, comments:

“Müller is the nation’s favourite yogurt brand and we are taking significant organisational steps to continue strengthening our core brands, develop a leading private label proposition and innovating to target parts of the category where we have limited our no presence.

“We have already created our best ever Müller Corner and Müllerlight recipes, launched our biggest ever marketing campaign, aligned our commercial organisation with the rapidly changing needs of the market we serve and completed a substantial investment in Telford, which enables us to make an additional 500m pots of yogurt per annum.

“Müller customers will continue to benefit from our first-class marketing campaigns, capabilities and product innovation, and Michael will also add weight to long term consumer and customer centric thinking.

“Alongside making great tasting products that are made in Britain with milk from British farms, we will focus on developing and executing a number of strategic initiatives that are not only designed to add taste to life, but will deliver both medium and long term profitable and sustainable growth.”

 

 

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Nicholas Saphir to hand over chair of Omsco to Neil Kennedy https://www.dairyindustries.com/news/33281/nicholas-saphir-to-hand-over-chair-of-omsco-to-neil-kennedy/ https://www.dairyindustries.com/news/33281/nicholas-saphir-to-hand-over-chair-of-omsco-to-neil-kennedy/#comments Mon, 03 Feb 2020 13:16:16 +0000 https://www.dairyindustries.com/?post_type=news&p=33281 After 18 years at organic dairy co-operative Omsco, Nicholas Saphir will step down as executive chairman and hand over to Neil Kennedy on Monday 4 May 2020.

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After 18 years at organic dairy co-operative Omsco, Nicholas Saphir will step down as executive chairman and hand over to Neil Kennedy on Monday 4 May 2020.

Saphir steered Omsco from existing as a small specialist organic producer group to become the world’s second largest dedicated organic dairy co-operative.

Nicholas explains: “Omsco has come a long way. From small beginnings Omsco is now a cooperative of 250 farmer members who produce over 50% of the UK’s organic milk supply. Our long-standing partnerships in the UK with Yeo Valley and Wyke and in the USA with Organic Valley (CROPP) have been the cornerstones of our success. Omsco’s opportunities at home as well as our added value exports to markets from the USA and EU to Australasia, place Omsco in an excellent position to take advantage of the future.

“Success is totally down to the readiness of our members to innovate. They have responded to market demands and standards, supporting a management team which is committed to seeing the future as part of a global market.

“I’m proud to have been involved with such a forward-thinking group of farmers, management and customers. I’m confident that, under Neil’s chairmanship, Omsco and its members will continue to prosper in an increasingly changing world.”

Kennedy has over 30 years of dairy experience and has previously held chairman roles within Rodda’s and Crediton Dairy, the latter of which he was also a co-owner. He has been a non-executive director on the Omsco Board since 2016.

Kennedy comments on his new appointment within the co-operative: “I am delighted to be taking over as Chairman of Omsco from Nicholas, who leaves the business well placed for the next phase in our development.”

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Dairy demands outlined in framework https://www.dairyindustries.com/news/33268/dairy-demands-outlined-in-framework/ https://www.dairyindustries.com/news/33268/dairy-demands-outlined-in-framework/#respond Mon, 03 Feb 2020 09:40:07 +0000 https://www.dairyindustries.com/?post_type=news&p=33268 Across the European Union (EU28), there are 700,000 dairy farms, 12,000 milk processing sites and more than 300,000 people working in the sector. The dairy sector is the industrial and societal backbone of rural Europe in the EU27 as much as in the UK, the European Dairy Association reminds everyone in its dairy framework document, released on 31 January.

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Across the European Union (EU28), there are 700,000 dairy farms, 12,000 milk processing sites and more than 300,000 people working in the sector. The dairy sector is the industrial and societal backbone of rural Europe in the EU27 as much as in the UK, the European Dairy Association reminds everyone in its dairy framework document, released on 31 January. It notes,

“The development of the European ‘lactosphère’, supported by opportunities offered by the EU Single Market, has been a unique success story. EDA and our member DairyUK want to build on this success. That is the reason why EDA and Dairy UK have developed an EU-UK dairy framework. Our objectives are clear. It would be detrimental to both the UK and EU27 dairy sectors if the United Kingdom leaves the EU Single Market and Customs Union without a trade agreement or an alternative solution to keep the milk moving. The only acceptable arrangement would secure the free movement of milk and dairy products between the EU and UK with no tariffs or quotas from either side for milk and dairy products and limit non-tariff barriers to trade (SPS/TBT) as much as possible.

“The negative effects of a failed transition period will go beyond corporate and economic interests and will directly harm consumers and society. Affordable and high-quality milk, cheese, butter and other dairy products, rich in protein and healthy natural fats, are a mainstay of European diets. Disruption to supply chains as a result of a poorly managed future arrangement will force prices up, limit choice and have a negative impact on citizens’ diets.

“The European dairy industry has continuously advocated for a responsible outcome that considers the specificities of our sector. We therefore urge decision-makers on both sides of the Channel to act responsibly and continue the ongoing discussion with the dairy industry.

“In light of the above-mentioned negotiations, the European Dairy Association calls on the European Union and the United Kingdom to take into account the following key asks:

  • Zero tariffs and zero quotas in the trade between the EU27 and UK on dairy and dairy related products.
  • Greatest possible alignment in standards to minimize trade frictions and mechanisms to ensure that any divergence in standards cause minimal disruption to trade.
  • Smooth movement of dairy products with no technical barriers to trade.
  • Recognising existing alignment in food law, allow for technical divergence once underlying principles are maintained.
  • Robust rules of origin to protect the EU27 and UK market from third country imports.
  • Maintenance of all existing dairy GI protection.
  • Full implementation of the protocol established in the withdrawal agreement for the Island of Ireland in order to facilitate continued movement of dairy across the land border from both a customs and regulatory perspective.”

 

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Christian Thomsen becomes senior category director at Arla Foods Germany https://www.dairyindustries.com/news/33264/christian-thomsen-becomes-senior-category-director-at-arla-foods-germany/ https://www.dairyindustries.com/news/33264/christian-thomsen-becomes-senior-category-director-at-arla-foods-germany/#respond Fri, 31 Jan 2020 14:58:46 +0000 https://www.dairyindustries.com/?post_type=news&p=33264 Christian Thomsen (47) has become the senior category director for Cheese & BSM (Butter, Spreads and Margarine) at Arla Foods Germany.

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Christian Thomsen (47) has become the senior category director for Cheese & BSM (Butter, Spreads and Margarine) at Arla Foods Germany. He will be responsible for brand and private label marketing and category development for these product segments in Germany.

He comes from Coca-Cola and follows Randi Wahlsten, who has moved to Arla in Denmark. Before joining Coca-Cola, the graduate in business administration worked as a research & media manager at the Danish confectionery manufacturer Toms.

At Arla, Christian Thomsen reports to Markus Mühleisen, the Germany head of Arla Foods.

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Data on milk powder will be published by the European Commission, says EMB https://www.dairyindustries.com/news/33148/data-on-milk-powder-will-be-published-by-the-european-commission-says-emb/ https://www.dairyindustries.com/news/33148/data-on-milk-powder-will-be-published-by-the-european-commission-says-emb/#respond Thu, 09 Jan 2020 10:58:58 +0000 https://www.dairyindustries.com/?post_type=news&p=33148 When the “We should not export our problems” campaign was launched last year, the issue of fat-filled milk powder being exported to Africa at dumping prices did not figure in any way in data collection and was, therefore, given no consideration by EU policy-makers, according Silvia Däberitz of the European Milk Board (EMB).

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When the “We should not export our problems” campaign was launched last year, the issue of fat-filled milk powder being exported to Africa at dumping prices did not figure in any way in data collection and was, therefore, given no consideration by EU policy-makers, according Silvia Däberitz of the European Milk Board (EMB).

However, the negative effects of these exports on local production were felt by African farmers. Therefore, fellow dairy farmers from the EMB in Europe, along with non governmental organisations such as Oxfam and Veterinarians Without Borders, organised a protest in Brussels against this dumping and met with a number of policy-makers to call for a responsible EU export strategy.

One of the demands was for the Milk Market Observatory (MMO) to compile and publish information about exports from the EU of these milk powder blends. Without transparency on this front, the European Commission would continue to grope in the dark, resulting in disastrous consequences for local milk production in Africa.

The demand for appropriate data collection has now been addressed by policy-makers: As of 2020, an instrument will be implemented to monitor European Union exports of milk powder that has been re-fattened with vegetable fats/oils. With a dedicated customs code for fat-filled skimmed milk powder, it will now be possible to compile data on the exported volume and countries of destination on a monthly basis. The scope of the MMO will thus be expanded to include important additional data.

For the campaign participants, this new instrument is an important interim achievement on the way to an EU export strategy that does not threaten local markets in Africa in any way, she writes.

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Meadow Foods reports on a successful 2019 https://www.dairyindustries.com/news/33139/meadow-foods-reports-on-a-successful-2019/ https://www.dairyindustries.com/news/33139/meadow-foods-reports-on-a-successful-2019/#comments Tue, 07 Jan 2020 12:07:08 +0000 https://www.dairyindustries.com/?post_type=news&p=33139 Meadow Foods, a UK independent dairy and supplier of value added ingredients to the food industry, has reported a pre-tax profit of £25.6m (£22.0m 2018) on a turnover of £456m (£427m 2018) to 31 March 2019, an increase of 16%.

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Meadow Foods, a UK independent dairy and supplier of value added ingredients to the food industry, has reported a pre-tax profit of £25.6m (£22.0m 2018) on a turnover of £456m (£427m 2018) to 31 March 2019, an increase of 16%.

Substantial growth was achieved from an expanding portfolio of food ingredients with a number of successful new product launches and its acquisition of Roil Foods. Earnings from milk sales were steady year on year.

Meadow Foods invested £6.8m in its facilities to improve efficiency and increase capacity and the company has a similar plan for the current financial year, with further capital expenditure of £8.0m having been committed for the year ending 31 March 2020.

Mark Chantler, CEO of Meadow Foods, said: “These are a positive set of results, achieved in a challenging marketplace. Our growth is primarily a result of an expanded product portfolio, targeted acquisitions and improved efficiencies. This strategy for growth will continue and is reflected in our recent acquisition of Nimbus Foods, which has allowed us to further diversify our portfolio and cement our position as a leading supplier of value added ingredients.”

Meadow Foods operates from four BRC AA accredited sites in Chester, Peterborough, Holme-on-Spalding Moor and Dolgellau where it manufactures value added ingredients 7 days a week for UK food manufacturers. The company handles in excess of 550 million litres of milk each year direct from its network of dedicated milk producers across the UK.

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Grundfos Philippines appoints new general manager https://www.dairyindustries.com/news/33129/grundfos-philippines-appoints-new-general-manager/ https://www.dairyindustries.com/news/33129/grundfos-philippines-appoints-new-general-manager/#respond Mon, 06 Jan 2020 09:25:39 +0000 https://www.dairyindustries.com/?post_type=news&p=33129 Pump manufacturer Grundfos has appointed Jonathan Breton as general manager of Grundfos Philippines.

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Pump manufacturer Grundfos has appointed Jonathan Breton as general manager of Grundfos Philippines. He started the role on 1 January 2020.

In his role, Jonathan will be responsible for the overall sales operation within the Philippines market in key business areas: industry, commercial business services, domestic business services, business development, and aftermarket service sales. He will report to Chee Khuan Leong, area managing director, South Asia, Grundfos.

Jonathan brings with him more than 12 years of professional experience from different positions and companies in the Philippines and the Asia Pacific region. He started his career in Otis Elevator Company, serving as a market analyst and e-logistics project manager in Singapore and China, before being appointed the country manager for service sales in the Philippines in 2012. Most recently, Jonathan was with the Hilti Group, serving as the marketing and operations director for Hilti Philippines since 2017 and the area sales manager for Singapore since 2015.

Chee Khuan Leong said: “I am looking forward to working with Jonathan to not only maintain our strong position in the Philippines pump market, but also to drive greater growth for the business amid the fast-paced urbanisation and industrialisation the country is experiencing. Jonathan’s extensive leadership experience across his diverse roles and understanding of the Philippines market are a strong asset for Grundfos in the region and will be instrumental in strengthening our presence in the future.”

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Fonterra appoints interim CEO for Greater China https://www.dairyindustries.com/news/33077/fonterra-appoints-interim-ceo-for-greater-china/ https://www.dairyindustries.com/news/33077/fonterra-appoints-interim-ceo-for-greater-china/#respond Fri, 20 Dec 2019 09:35:39 +0000 https://www.dairyindustries.com/?post_type=news&p=33077 Fonterra has appointed Teh-Han Chow as its interim CEO for Greater China.

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Fonterra has appointed Teh-Han Chow as its interim CEO for Greater China.

Fonterra CEO Miles Hurrell said the creation of this new role on the Fonterra management team reflects the importance of the China market to the co-operative and it will sit alongside the other regional CEO roles for AMENA, Kelvin Wickham, and APAC, Judith Swales.

“Teh-Han, who is currently our President NZMP for Greater China and South East Asia, has agreed to take on this responsibility in an interim capacity while we work through the recruitment process for a permanent CEO Greater China.

“Teh-Han is a proven food sector executive, with extensive experience leading large organisations across Consumer and Ingredients businesses. During his time at Fonterra he’s demonstrated his ability to grow a business by putting customers front and centre, which is exactly what our new operating model is about.”

Before joining Fonterra in 2015, Teh-Han was the CEO of Louis Dreyfus in China, a leading merchant and processor of agricultural goods. He was also managing director Greater China for Simplot, a food and agribusiness company.

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Hochdorf sells Pharmalys stake https://www.dairyindustries.com/news/33065/hochdorf-sells-pharmalys-stake/ https://www.dairyindustries.com/news/33065/hochdorf-sells-pharmalys-stake/#respond Tue, 17 Dec 2019 13:38:16 +0000 https://www.dairyindustries.com/?post_type=news&p=33065 The Hochdorf Group in Switzerland has sold its 51% majority stake in the Pharmalys Group acquired at the end of 2016 to Pharmalys Invest Holding, which is controlled by Amir Mechria.

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The Hochdorf Group in Switzerland has sold its 51% majority stake in the Pharmalys Group acquired at the end of 2016 to Pharmalys Invest Holding, which is controlled by Amir Mechria.

This is an important step towards financial recovery and increases strategic flexibility, according to Hochdorf. However, collaboration between the Hochdorf Group and the Pharmalys Group is continuing, and Pharmalys Invest Holding remains the largest shareholder of the Hochdorf Group.

The Hochdorf Group bought a 51% stake in three companies in the Pharmalys Group in 2016, hoping  to accelerate its baby care business. However, the Pharmalys business model did not provide the Hochdorf organs with much transparency and influence on relevant parts of the value added chain. In addition, the financing of Pharmalys proved to be extremely capital intensive.

After examining various options, the shares of Pharmalys were sold. The agreement to sell the 51% stake in Pharmalys Laboratories SA, Pharmalys Africa Sarl and Pharmalys Tunisia SA to Pharmalys Invest Holding was signed in early December 2019.

Despite the sale, the focus of the Hochdorf Group remains on its high-growth baby care business unit, the company confirms. In marketing, Pharmalys intends to continue to rely on Swiss baby food produced by Hochdorf. In its own sale of baby food to end consumers, Hochdorf will in future increasingly work with the traditional Swiss brand Bimbosan and with the Babina brand.

With the sale of Pharmalys investment, the Hochdorf Group says it is taking an important step towards financial recovery. However, a significant negative result is expected for the current financial year.

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Wyke Farms’ cheese grader Diane Cox joins board of directors https://www.dairyindustries.com/news/33031/wyke-farms-cheese-grader-diane-cox-joins-board-of-directors/ https://www.dairyindustries.com/news/33031/wyke-farms-cheese-grader-diane-cox-joins-board-of-directors/#respond Thu, 12 Dec 2019 10:24:29 +0000 https://www.dairyindustries.com/?post_type=news&p=33031 Wyke Farms, the UK's largest independent cheese producer, and producer of renewable energy, has named Diane Cox as group technical director, responsible for all business quality and technical functions.

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Wyke Farms, the UK’s largest independent cheese producer, and producer of renewable energy, has named Diane Cox as group technical director, responsible for all business quality and technical functions.

In October Wyke Farms achieved record breaking sales; the company is now exporting cheese into over 160 regions, many with differing technical standards.

Rich Clothier, 3rd generation family member and managing director said: “We will all be supporting Diane in building a team to support this growth and take advantage of the many opportunities in the UK and overseas.”

Cox joined Wyke Farms in 2005 as one of only a handful of female cheese graders in the UK. The dairy industry is still typically male dominated and very few women take the role of ‘Master Cheese Grader’ as Diane did in 2017. Even fewer go on to serve on the board of directors with only 8.5% of executive directors in the UK being female.

Rich Clothier continued: “It is not about diversity box ticking, it’s about ‘diversity of thought’ on the board; something we need to be successful and something Diane brings in abundance”

Wyke Farms have over 150 years of family farming experience and is one of the largest family-owned cheese makers in Britain selling over 15,000 tonnes annually.

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Royal DSM to acquire CSK https://www.dairyindustries.com/news/32921/royal-dsm-to-acquire-csk/ https://www.dairyindustries.com/news/32921/royal-dsm-to-acquire-csk/#respond Tue, 19 Nov 2019 10:34:58 +0000 https://www.dairyindustries.com/?post_type=news&p=32921 Royal DSM, a global science-based company in nutrition, health and sustainable living, will acquire 100% of specialty dairy solutions provider CSK for about €150 million.

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Royal DSM, a global science-based company in nutrition, health and sustainable living, will acquire 100% of specialty dairy solutions provider Koninklijke CSK Food Enrichment C.V. (“CSK”) for about €150 million.

Customers are increasingly looking for solution providers with a broad portfolio of offerings and deep expertise to support them in delivering differentiating, delicious and sustainable end products to consumers. The combination of DSM’s dairy business and CSK will be even better able to serve those needs, and well-placed to address the fast-growing and attractive dairy cultures markets.

With the acquisition of CSK, DSM will further strengthen its product portfolio and application know-how and expertise in food & beverage, in particular in the complementary areas of taste, texture and bio-preservation solutions for semi-hard cheeses such as Gouda and Edam.

The transaction will include CSK’s state-of-the-art dairy application centre in Wageningen, and its high-tech fermentation facility in Leeuwarden, both in the Netherlands, providing additional production capacity for a range of products in Europe.

Patrick Niels, DSM food specialties president, said: “We are very much looking forward to welcoming CSK to DSM. Our companies have a great fit together, with shared passion for dairy, skilled and dedicated people, and complementary solution portfolios. This is also a testament to DSM’s commitment to the dairy industry, which we support throughout our Nutrition businesses.

“Today’s dairy needs are constantly changing, and DSM continues to invest in enabling customers to keep satisfying consumer demand, helping them grow their business, while we grow ours in line with our purpose-led, performance-driven strategy. The acquisition of CSK will greatly strengthen our ability to do so.”

Sanne Melles, CEO of Royal CSK, said: “In DSM, we recognise the opportunity for CSK to make the leap forward that we were looking for. Our combined capabilities will accelerate our international growth ambition and enhance our innovative offerings to the dairy industry”.

The two companies share a long history of serving food and beverage markets, with deep roots in the Netherlands. CSK has a track record of Dutch heritage semi-hard cheese cultures of more than 100 years since its foundation in 1905, while in 2019 DSM celebrates 150 years of fermentation and biotechnology innovation at its site in Delft.

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Fonterra MD, People & Culture resigns https://www.dairyindustries.com/news/32907/fonterra-md-people-culture-resigns/ https://www.dairyindustries.com/news/32907/fonterra-md-people-culture-resigns/#respond Mon, 18 Nov 2019 10:04:44 +0000 https://www.dairyindustries.com/?post_type=news&p=32907 Fonterra has announced that Deborah Capill, managing director – people & culture, has resigned. Deborah is set to leave the co-operative in February 2020 to pursue a change in career.

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Fonterra has announced that Deborah Capill, managing director – people & culture, has resigned. Deborah is set to leave the co-operative in February 2020 to pursue a change in career.

Fonterra’s chief executive officer, Miles Hurrell, said that Deborah joined the Fonterra Management Team in early 2019 upon returning to New Zealand after a lengthy career offshore.

“Deborah has over 25 years HR experience and has worked in various organisations globally. Over the past year Deborah has played an important role in the development of our new operating model and has been instrumental in streamlining a number of our HR processes.”

Mr Hurrell acknowledged Deborah’s HR leadership and contribution in supporting the new strategy and implementation of the operating model.

“The co-operative thanks Deborah for her contribution and wishes her all the very best for her future career endeavours.”

A search for a new managing director, people & culture is expected to begin shortly.

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Maria Neeve joins Meadow Foods as deputy CFO ahead of Damian McDonald’s retirement https://www.dairyindustries.com/news/32904/maria-neeve-joins-meadow-foods-as-deputy-cfo-ahead-of-damian-mcdonalds-retirement/ https://www.dairyindustries.com/news/32904/maria-neeve-joins-meadow-foods-as-deputy-cfo-ahead-of-damian-mcdonalds-retirement/#comments Fri, 15 Nov 2019 13:47:38 +0000 https://www.dairyindustries.com/?post_type=news&p=32904 Meadow Foods, a supplier of dairy-based ingredients and inclusions to the food industry, has appointed Maria Neeve as deputy chief financial officer and member of the executive board.

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Meadow Foods, a supplier of dairy-based ingredients and inclusions to the food industry, has appointed Maria Neeve as deputy chief financial officer and member of the executive board. Maria’s appointment is in preparation for Damian McDonald’s retirement plans later in 2020.

Maria, who is currently the chief financial officer of Brakes UK and Fresh Direct Group joins the business on 7 January and will work alongside Damian to ensure a smooth and effective transfer, until Damian leaves the business in summer 2020.

Damian initially joined Bodfari Producers Limited in February 1994 and became finance director upon the merger with Meadow Foods in 1995. As finance director, he assumed responsibility for delivering the financial planning and reporting for the business, as well as responsibility for implementing and managing the company’s IT function.

Working initially with Simon Chantler, and more recently Mark Chantler, Damian was involved with the delivery of the company’s ambitious growth strategy that has seen the business transform from a family owned operation, to one that has attracted investment from leading Private Equity investors Exponent. Most recently, Damian was heavily involved in the company’s recent strategic acquisitions that have included Nimbus Foods, Roil Foods and Fayrefield Liquids with intentions to continue to grow organically, as well as through further targeted acquisition.

Mark Chantler, chief executive of Meadow Foods, said: “Damian has been instrumental in the growth of Meadow Foods, transforming it from a single site, family owned business to its position today as one of the UK’s leading suppliers of dairy-based ingredients and inclusions with a turnover in excess of £450M. We are hugely grateful for the energy and insight he has brought to the business as well as the diligent work undertaken in our recent acquisitions.”

“We are also hugely excited to welcome Maria who brings a wealth of food and private equity experience to the board. By working together with Damian in the coming months we will ensure that there is a stable transition and that the company continues to be well positioned for future growth.”

Meadow Foods is a leading supplier of value-added ingredients to the food industry. The award winning company employs more than 400 people across four BRC AA accredited sites in Chester, Peterborough, Holme-on-Spalding Moor and Dolgellau where they manufacture specialist dairy ingredients, inclusions, decorations and toppings for some of the world’s best known food manufacturers and food service operators.

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Tate & Lyle opens new Latin American headquarters https://www.dairyindustries.com/news/32910/tate-lyle-opens-new-latin-american-headquarters/ https://www.dairyindustries.com/news/32910/tate-lyle-opens-new-latin-american-headquarters/#respond Fri, 15 Nov 2019 10:05:21 +0000 https://www.dairyindustries.com/?post_type=news&p=32910 Provider of food and beverage ingredients and solutions, Tate & Lyle, has opened its new and expanded Latin American headquarters in Sao Paulo, Brazil.

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Provider of food and beverage ingredients and solutions, Tate & Lyle, has opened its new and expanded Latin American headquarters in Sao Paulo, Brazil.

The headquarters includes a new application centre, which is six times larger than Tate & Lyle’s previous centre in Sao Paulo and is amongst the company’s largest globally.

The new application centre will help industry manufacturers develop products that meet increasing consumer preferences for healthier, tastier food and beverages. It includes a pilot plant and state-of-the-art experimental kitchen, which enables customers to design and test different recipe formulations across a range of categories including dairy, beverage and bakery. Other services include sensory analysis and shelf-life testing of products, as well as a room for focus groups with consumers.

As part of Tate & Lyle’s global innovation and application network, the new centre will also benefit from Tate & Lyle’s recent investment in a new recipe development platform. This platform provides one global database for recipe and ingredient knowledge, connecting Tate & Lyle’s technical teams across the world and leading to a more agile response to customers with effective solutions.

Oswaldo Nardinelli, senior vice president and general manager, food & beverage solutions, Latin America, Tate & Lyle, said: “There is an increasing consumer demand in Latin America for more food and beverage options that can support healthier diets and lifestyles, and manufacturers are increasingly looking for new ways to reduce calories, fat and sugar, and enrich products.

“While the need and demand for healthier options is clear, we know that consumers will not compromise on taste and it’s this challenge – making healthy food tastier, and tasty food healthier – that our food scientists and application experts are helping food businesses overcome.

“Our new application centre brings together Tate & Lyle’s cutting-edge science, market leading ingredients and product development capabilities, offering manufacturers across the region a convenient and high quality ‘one-stop-shop’ for formulation.”

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Arla Foods announces departure of CFO https://www.dairyindustries.com/news/32812/arla-foods-announces-departure-of-cfo/ https://www.dairyindustries.com/news/32812/arla-foods-announces-departure-of-cfo/#respond Thu, 24 Oct 2019 09:58:44 +0000 https://www.dairyindustries.com/?post_type=news&p=32812 Arla Foods has announced that its CFO Natalie Knight has accepted the role of executive vice president, finance, of Dutch-Belgian retail group Ahold Delhaize, and will leave the company on 29 February 2020.

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Arla Foods has announced that its CFO Natalie Knight has accepted the role of executive vice president, finance, of Dutch-Belgian retail group Ahold Delhaize, and will leave the company on 29 February 2020.

Natalie joined Arla Foods in January 2016. During Natalie’s tenure as CFO Arla has strengthened its balance sheet, delivering strong cash flow and net working capital, which has enabled Arla Foods to fund significant investments in developing global market positions for its brands and Arla Foods Ingredients business as well as expand revenue in growth categories. Together with her EMT colleagues, Natalie played a key role in the development and execution of the company’s Calcium programme, which is creating significant savings to fund the competitiveness of the company’s milk price and reinvest in its growth

Arla Foods CEO, Peder Tuborgh, said: “I would like to recognise and thank Natalie for the contribution that she has made to the progress of Arla Foods over the last four years and for the support she has given to me and the rest of my executive management team, during her time with us. Whilst it is always sad to see talented people move on, I congratulate her on her new role and wish her well in her future career.”

Natalie said: “It has been a privilege to be CFO of such a progressive and strong co-operative as Arla Foods and I am proud of the achievements that we have made over the last four years, particularly in our ability to continue to drive strong global branded growth, whilst simultaneously implementing our Calcium transformation programme. This is a testimony to the capability of Arla people, not least my own teams in Finance, Legal and IT. I wish Arla Foods and its owners every success for the future.”

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Wensleydale to increase cheese production with £17.9m investment https://www.dairyindustries.com/news/32767/wensleydale-to-increase-cheese-production-with-17-9m-investment/ https://www.dairyindustries.com/news/32767/wensleydale-to-increase-cheese-production-with-17-9m-investment/#comments Fri, 18 Oct 2019 14:08:59 +0000 https://www.dairyindustries.com/?post_type=news&p=32767 North Yorkshire’s Wensleydale Creamery is investing in new equipment to increase production capacity following a £17.9 million (€20.7m) deal with UK bank, HSBC.

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North Yorkshire’s Wensleydale Creamery is investing in new equipment to increase production capacity following a £17.9 million (€20.7m) deal with UK bank, HSBC.

The business plans to increase production to significantly grow sales, which will help to secure local employment opportunities and ensure a sustainable future for the local farms supplying the Creamery.

The deal, along with securement of an EU productivity grant of approximately £800,000 (€925,000) will enable the Creamery to help modernise its cheese-making facilities, with the purchase of new vats, working tables and cheese-making and curd-handling equipment, helping improve efficiency and improve the working environment for its cheese-makers.  A new cheese smoking plant, along with water recycling and increased milk storage capacity are also being planned.

In addition, almost £1 million (€1.16m) of HSBC UK’s funding will go towards a cheese blending and waxing facility, allowing the business to blend cheese more efficiently with a state-of-the-art production line.

By-products from the cheese-making process at the Creamery are being taken to Iona Capital’s bio-gas plant in Leeming, North Yorkshire where it is converted into electricity to produce around 10,000 MWh of thermal power, which is enough energy to heat approximately 800 homes.

David Hartley, managing director, Wensleydale Creamery, said: “The support from HSBC UK will allow us to increase and improve production across the Creamery. By investing in new, modern equipment, we can improve our efficiency as well as improve process control with technical excellence. It puts us in a strong position to grow the business and meet customer demand for our brand and products. HSBC UK provided sound guidance and showed enthusiasm for our growth plans.”

Gordon Forster, area director, HSBC UK said: “HSBC UK is a huge supporter of rural British business and Wensleydale Creamery is a much-loved British food brand, crucial to the economic well-being of the deeply rural area in which it is situated, and we’re delighted to help with its growth plans. David and his team have shown great commitment and strategic thinking behind their plans for sustainable growth and we wish them every success moving forward.”

The Wensleydale Creamery produces 4,000 tonnes of cheese a year at its Creamery in Hawes, North Yorkshire. It employs a workforce of 230 and supplies some of the biggest retailers in the UK.

It currently exports its cheeses around the world and is particularly popular in North America, Middle East and Europe. Its Visitor Centre also attracts 350,000 visitors each year.

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