A2 Milk reports 41.4% growth in revenues boosted by performance in China

NEW ZEALAND – The milk and infant formula products company, A2 Milk reported a 41.4% growth in full year revenue to US$830.2 million (NZD1.3 billion), on strong results in China. During the most recent twelve […]

Egypt’s Dina Farms to invest US$22.4m in expanding dairy, feed production capacity

EGYPT – Dina Farms, Egypt’s largest private sector farm has announced a US$24.4 (EGP400 million) investment in its dairy farm and associated segments over the next three years to expand its production capacity. The investment […]

Kerry Group half year revenues grow 10.7% to US$4bn buoyed by acquisitions

IRELAND – Kerry Group, and Irish dairy cooperative, issued its financial results for the half year ended 30 June 2019 during which the groups revenue increased by 10.7% to US$4 billion (€3.6bn). The increase in […]

Danone launches Activia Live Culture Smoothies range in UK

UK – Danone UK has introduced a new range of bottled Live Culture Smoothies to expand its Activa portfolio. Danone has launched two flavours orange fruit and veg & red fruit and veg with each […]

Yili completes takeover of New Zealand’s Westland Co-operative Dairy

NEW ZEALAND – Yili group, the state-owned Chinese dairy company, has finalised the acquisition of Westland Co-operative Dairy Company, an independent co-operative dairy company in New Zealand. In March this year, Westland entered into an […]

Nestlé unveils US$100m expansion plan of three factories in Indonesia

INDONESIA – Nestlé has announced a US$100 million investment to expand three factories in Indonesia, as the company aims to increase its current production capacity in the country by 25%. The investment will be used […]

Morrisons supports farmers transitioning to Arla UK 360 standard

UK – Morrisons, UK’s fourth largest supermarket chain has opened up its beef supply chain to help its associated farmers transition to Arla UK 360 standard. The move will see bull calves from Morrisons’ dairy […]

Yili launches new ice cream products for Southeast Asia

ASIA – Asia’s leading dairy products producer, Yili Group is set to unveil eleven new ice cream products in Southeast Asia as it strives to expand its presence in the market. The new products include […]

Danone records sales growth in all units during second quarter

FRANCE – Danone posted a 2.5% increase in like-for-like sales in the second quarter as it was boosted by the performance of its baby food products in China. The company which owns brands such as […]

Emmi acquires Italian dessert maker Pasticceria Quadrifoglio srl

ITALY – Swiss milk processor, Emmi has acquired Pasticceria Quadrifoglio srl, an Italian producer of pastry, cakes, desserts, and other dry bakery products for the foodservice customers. According to Emmi, Italian dessert specialities are an […]