business
DDW acquires DuPont’s Natural Colours business
DuPont has sold its Natural Colours business, which is part of the DuPont Nutrition & Biosciences (N&B) segment, to DDW, The Colour House
Dairy Crest rebrands as Saputo Dairy UK
Following its acquisition by Saputo Inc, Dairy Crest has changed its name to Saputo Dairy UK.
Emmi acquires stake in Brazil’s Laticínios Porto Alegre
Emmi is acquiring a 40% stake in Brazil’s Laticínios Porto Alegre Indústria e Comércio S/A, based in Ponte Nova in the state of Minas Gerais.
MFGM to account for 3/4 of global butter fat consumption by 2028
A new report published on the Butter Fat Fraction Market, shows that the market value is expected to more than double by the end of 2028.
DMK releases mission statement to 2030
The DMK Group reported a stable financial year in 2018, and Germany’s largest dairy company has released a Vision 2030 for the future.
Ornua reports strong financial year, despite dip in profits
Ornua Foods UK has reported a solid financial performance for the year ended 29 December 2018, despite the highly challenging and volatile market environment.
New analysis shows German milk producer burden
The German system of tendering obligation, purchase guarantee and subsequently fixed milk prices is still common practice and burdens the milk producers massively.
Froneri to acquire Tip Top
Froneri will acquire New Zealand ice cream business, Tip Top, from dairy co-operative Fonterra.
Fortified dairy growth to boom in APEJ markets
A new report predicts the global fortified dairy products market to record an impressive CAGR during the period 2017 to 2026.
African swine fever to complicate dairy sector
The contraction in the supply of pork from China as African swine fever looms will result in demand for other animal proteins, says Rabobank.
FrieslandCampina relaunches global ingredients company
FrieslandCampina Ingredients has combined its four individual companies, DOMO, Kievit, DMV and Nutrifeed, into a new global segment organisation.
Mother Dairy’s new managing director
The board of directors of India’s Mother Dairy Fruit & Vegetable has appointed Sangram Chaudhary as its new managing director.
Saputo buys Lion Dairy cheese business
Saputo of Canada has entered into an agreement to acquire the specialty cheese business of Lion-Dairy & Drinks Pty of Australia.
Kerrygold reaches €1billion global annual sales
Kerrygold, a brand owned by Irish dairy farmers, has exceeded €1 billion in annual retail value – the first Irish food brand to reach this milestone.