Mondelez partners The Hatchery Chicago to lead innovation in snacking

USA – Mondelez International has partnered with the American food business incubator, The Hatchery Chicago to enhance innovations in snacking based on the changing consumer tastes and preferences. The partnership is part of the SnackFutures, the company’s innovation and venture hub aimed at unlocking snacking growth opportunities around the world. Mondelez and the SnackFutures team…

DuPont’s clinical study shows more health benefits from higher doses of multi-strain probiotics

USA – DuPont, the world’s leading science-based products and services company has released clinical study results demonstrating benefits of high-potency, multi-strain probiotic formulations. The study suggests that higher doses of a DuPont Multispecies Probiotic Formulation may permit more benefits for healthy adults than lower doses. According to a clinical trial carried out in collaboration with…

Fonterra returns to profitability with 2% rise in sales volume, to sell DFE Pharma stake

NEW ZEALAND – The New Zealand dairy co-operative, Fonterra has reported a net profit after tax of US$54.7 million (NZD 80 million), up 123% boosted by increase in sales volume. In the six months ended January 31, revenue dropped 1% to US$6.63 billion (NZD 9.7 billion), impacted by the Consumer and Foodservice Gross Margin which…

General Mills third quarter sales rise 8% with strong contributions from Blue Buffalo

USA – The multinational consumer goods company, General Mills has reported 8% increase in net sales to US$4.2 billion in the third quarter, including contributions from Blue Buffalo Pet Products which it acquired in 2018. The period ended February 24, 2019 saw operating profit increase 14% while diluted earnings per share (EPS) of $0.74 declined…

Nestle join forces with Veolia to tackle plastics leakage and accelerate recycling

SWITZERLAND – Global food and drinks giant, Nestle has announced that it has partnered Veolia, the world's leading resource management company to tackle plastics leakage into the environment and develop recycling schemes. The two will collaborate on waste collection sorting and recycling of plastic material, with an emphasis on flexible plastic packaging. The initiative which…

Wessanen in talks with a consortium of funds for a possible buyout

NETHERLANDS – The Dutch multinational food company, Wessanen has confirmed that it is in discussions a consortium of funds managed by PAI Partners SAS for a potential takeover. Also participating in discussions include various entities controlled by Jobson and his family who have also shown interest in the buyout. The company said that it has…

Tyson Foods in partnership to trace beef using DNA technology

USA – World’s leading meat and poultry processor, Tyson Foods has partnered with DNA diagnostics company, IdentiGEN to use DNA technology to trace beef back to the individual animal of origin. Tyson’s beef and pork subsidiary, Tyson Fresh Meats will utilize IdentiGEN’s signature DNA TraceBack® system to trace the cattle raised for Tyson’s Open Prairie®…

Nestle invests US$11.9m in a new liquid milk line in Argentinian factory

ARGENTINA – Nestle Argentina has inaugurated a new liquid milk production line at its factory located in Villa Nueva, Córdoba province after making investment worth US$11.96 million (CHF 12 million). The new line will enable Nestle start production of liquid milk in added value segments in the Argentinian market. The investment includes a new sterilization…

FrieslandCampina considers building a sustainable dairy plant in the Netherlands

NETHERLANDS – Global dairy producer, Royal FrieslandCampina has announced that it is exploring options to build a sustainable and innovative dairy processing plant in the Netherlands. The plant is intended to process member milk into fresh dairy products, ingredients for early life and adult nutrition, as well as cheese production for the global market and…

Graham’s The Family Dairy debuts new line of high-protein ice cream

UK – The family-owned dairy company, Graham The Family Dairy has launched a new line of high-protein ice cream, Goodness Ice Cream to expand its dairy products offering. The new range provides consumers with a great tasting choice, is lower in sugar and lower in calories, featuring 310 calories per tub. Apart from being a…