Saudi food group Almarai appoints new chief executive officer

SAUDI ARABIA – Almaria Company, the Gulf’s leading dairy company based in Saudi Arabia has appointed Mr. Majed Mazen Nofal as its Chief Executive Officer, effective 1st January 2020. As part of the company’s succession […]

Novozymes unveils new enzymatic toolbox for development of oat drinks

DENMARK – Novozymes has developed a new toolbox to help guide producers on expanding their businesses into the oat drinks market while enabling them to tap into the growing oat drinks markets. With the new […]

Müller Yogurt & Desserts creates to new senior role to accelerate sales growth

UK – Müller Yogurt & Desserts has created two new senior roles to further accelerate progress in branded and private label sales to grocery, convenience and food service channels in the UK and Ireland. The […]

Fonterra releases annual sustainability report highlighting progress towards 2030 ambitions

NEW ZEALAND – Fonterra has published its 2019 sustainability report, highlighting the dairy co-operative’s major strides towards fostering a sustainable future in areas of energy, carbon emissions and health. In the report, the dairy processor […]

CHI Limited launches Hollandia Lactose Free Easy-to-Digest Milk

NIGERIA – CHI Limited, Nigeria’s fast-moving consumer good company has launched Hollandia Lactose Free Easy to Digest Milk targeting lactose intolerant consumers. The juice and dairy company has highlighted that the launch follows a research […]

DSM to acquire specialty dairy solutions provider CSK Food Enrichment for €150m

NETHERLANDS – Global bio-sciences company, Royal DSM has reached an agreement to acquire specialty dairy solutions provider Koninklijke CSK Food Enrichment in a cash consideration of about €150 million (approximately US$166 million). DSM said that […]

Arla Foods to develop climate database enabling farmers reduce their carbon footprint

EUROPE – Danish dairy cooperative, Arla Foods is introducing a new Climate Check programme and comprehensive support to all its 9,900 farmer owners in Northern Europe aimed at accelerating their efforts to reduce their carbon […]

American investment fund The Rise Fund invests in Uganda’s Pearl Dairy

UGANDA – The Rise Fund, a global impact investment fund managed by American private equity firm, TPG Capital has acquired a 34% stake in Uganda’s leading dairy company, Pearl Dairy. Pearl, which markets its products […]

Dairy-free beverage start-up Mooala secures US$8.3m in funding to expand footprint

USA – Organic, dairy-free beverage and creamer maker, Mooala completed has closed its Series A funding that has seen the company raise US$8.3 million led by Sweat Equities. The funding round also counted several investment […]