Fonterra invests in Lithuanian dairy producer Rokiskio Suris

LITHUANIA – Fonterra, New Zealand’s dairy company, has invested US$8.26 million in Lithuanian dairy producer Rokiskio Suris, where it has bought more than 3.58 million shares. The investment had been under negotiation for a while, with Rokiskio issuing statement that Fonterra would recover any losses if it withdrew from the planned share issue by November.…

Fonterra Brands launches Anchor Life low fat milk powder in Sri Lanka

SRI LANKA - Fonterra Brands Sri Lanka has launched its latest dairy innovation called Anchor Life low milk powder, specially formulated to focus on heart health and improve consumer life. Anchor Life low milk powder, has plant sterols that help reduce blood cholesterol and provides Omega-3 fatty acids, dietary fibre and vitamins and minerals responsible…

Danone launches new yoghurt portfolio in France

FRANCE – Danone has launched a new yoghurt portfolio in France, introducing a range of new yoghurts as part of a reinvention in order to reverse the decline in the country’s yoghurt category. The new range offerings include a range of all-natural and whole-milk yoghurts under the Danone brand, which will be available in both…

Tetra Pak acquires German company to boost ice cream products offering

SWEDEN - Tetra Pak has acquired Big Drum Engineering, a company that develops, builds and installs filling machines and systems for the ice cream and general food industry, to strengthen its product offering for ice cream manufacturers. The deal will expand Tetra Pak’s ability to provide end-to-end solutions for the food and beverages companies. The…

Danone invests in French organic baby food start-up Yooji

FRANCE – Danone Manifesto Ventures has announced its investment in the French organic food start-up Yooji, the value of which has not been disclosed. The investment highlights Danone’s response to a consumer shift towards healthy living as their tastes are drawing the company interests towards the food and manufacturing industry, to promote healthy lifestyles. However,…

Tetra Pak launches ice cream extrusion line for medium-sized producers

SWEDEN - Tetra Pak has launched ice cream extrusion line that the company promises improved product quality and volume flexibility for medium-capacity producers. The packaging and processing equipment major says that the new line uses an independently controlled horizontal cutter to slice the ice cream as it emerges from the extruder. “This patented technology means…

FrieslandCampina CEO resigns, appoints CFO to role

NETHERLANDS – Netherlands-based Royal FrieslandCampina, one of the world’s leading dairy companies and the parent company of FrieslandCampina WAMCO in Nigeria, has announced that its Chief Executive Officer (CEO), Roelof Joosten will step down on 1 January 2018, and to be succeeded by Hein Schumacher, the company’s current Chief Financial Officer (CFO). Roelof has been…

AgriProtein wins BBC’s international food and farming award

SOUTH AFRICA - AgriProtein, the world’s biggest fly-farmer and leading waste-to-nutrient up-cycler, has been named the BBC Food Chain Global Champion in its quest for new source of protein to feed the planet’s growing population. The insect protein pioneer was awarded for its flagship product, which helps in securing the future of food while delivering…