Dairy Industry, Dairy Equipment, Milk Processing, Dairy Food, Milk ...
WEBIn a hotly-anticipated ‘elephant deal’, Häagen-Dazs owner General Mills has agreed to sell its US and Canada yogurt businesses, including brands Yoplait and Liberté. Low consumer awareness of dairy milk’s role as a dietary iodine source means there's untapped commercial opportunity to be explored through label claims.
Michigan Milk Producers Association to acquire Superior Dairy
WEBDec 7, 2021 · The Superior Dairy facility is located in Canton, Ohio. Superior Dairy, along with Creative Edge Design Group, Ltd., and LEL Logistics, Inc. will become wholly owned subsidiaries of MMPA effective December 31, 2021. The MMPA serves dairy farmers in Michigan, Indiana, Ohio and Wisconsin, handling approximately 5bn pounds of …
Medina Dairy and Freshways Dairy agree merger
WEBJul 22, 2021 · A new board and management structure will be put in place to oversee the merger, ongoing operations and strategic development of the combined business with Sheazad Hussain (currently chief executive of Medina Dairy) and Bali Nijjar (currently managing director of the Freshways group of companies), being appointed as joint managing directors.
Arla's Sustainability Incentive explained: How dairy farmers can …
WEBOct 11, 2022 · Arla Foods has introduced the Sustainability Incentive, a voluntary rewards system designed to encourage farmers to adopt sustainable practices. From 2023, the co-op will re-distribute 2.40eurocents per kg of milk to participating farmers based on their points tally, which will be awarded across 19 levers, with big …
Dairy majors investing as Vietnam ramps up milk production
WEBJan 8, 2020 · The Vietnam Dairy Association forecasts supply will grow by 9-10% in 2020, with local per capita milk consumption rising to 28 liters. According to the industry body, the revenue from the dairy sector reached US$4.7bn in 2018, an increase of 9% over 2017. From 2010-2018, it saw an average growth rate of 12.7% per year.
DSM to acquire US dairy flavor company First Choice Ingredients
WEBSep 6, 2021 · Dutch-headquartered company Royal DSM has signed an agreement to acquire First Choice Ingredients, a supplier of dairy-based concentrates and savory flavorings for an enterprise value of $453m. The transaction represents an EV/EBITDA multiple of 19.8x based on the estimated 2021 adjusted EBITDA. The estimated 2021 sales amount to about $75m.
Yili - dairyreporter.com
WEBChinese dairy giant Yili believes that artificial intelligence (AI) in product innovation lies in formulation and efficiency improvements, but stresses it is no silver bullet to create good end-product results. Brand loyalty and R&D innovation key to Yili's 'most valuable dairy brand' status. The Chinese dairy giant was also ranked the second ...
Nomadic Dairy on the importance of packaging
WEBSep 11, 2020 · It is the only food and drink sustainability program in the world operating on a national scale, uniting government, the private sector and food producers through Bord Bia. One of the fastest growing yogurt brands in the UK, Nomadic Dairy has invested £2.7m ($3.5m) in new packaging that removes 240 tonnes of plastic annually from its supply chain.
Parag Milk Foods expands health & nutrition business and …
WEBJan 11, 2021 · The company said it can create lactose for segments such as food applications, infant nutrition and clinical nutrition products. Globally, the lactose market size stood at $1.2bn in 2018 and is projected to grow to $1.5bn by 2026, exhibiting a CAGR of 3.7% during this period. The Indian lactose market size …
Lion Dairy and Drinks acquisition central to Bega Cheese financials
WEBAug 30, 2021 · The A$528m (US$385.5m) acquisition of Lion Dairy and Drinks, mostly funded by a A$393m (US$287m) net capital raise, saw Bega Cheese more than double in size in terms of both annualized revenue to approximately A$3bn (US$2.2bn), and employees to more than 4,000, expand its cold chain distribution network to now be one of the largest in the ...