FoodBusinessAfrica.com grows, shifts to dedicated server to meet rising demand

KENYA– Africa’s leading food, beverage and milling industry website Foodbusinessafrica.com has over the last year received overwhelming growth in traffic, with a record 10.5 million hits and 650,000 visitors over the past year, thanks to the website’s dedicated and growing readership in Africa and across the world. The increased readership has necessitated the website to…

Nigeria’s beverage firm CWAY Group adds yogurt to its portfolio to meet demand

NIGERIA - CWAY Group, the food and beverages maker has expanded its fruit-flavoured milk drink portfolio with the addition of a new yogurt line in a bid to meet consumer demand in the country, reports Beverage Industry News. According to the company, growth in the sub-sector is being driven by the nation’s rising population as…

Fonterra Group revises Farmgate Milk Price as a result of higher global milk supply

NEW ZEALAND - Fonterra Co-operative Group Limited, has revised its 2018/19 forecast Farmgate Milk Price from US$6.75 per kgMS to a range of US$6.25-US$6.50 per kgMS and increased its forecast New Zealand milk collection volumes by 1.3 per cent to 1,550 million kgMS. According to Fonterra’s Chief Executive, Miles Hurrell, the change in the forecast…

Dairy company Bega Cheese takes 11.2% stake in honey producer Capilano Honey

AUSTRALIA - Bega Cheese, an Australian dairy company, has increased its stake from 8.39% to 11.2% shareholding in honey producer company Capilano Honey. According to Weekly Times, the company began buying small parcels of shares at about US$16 apiece from May to August 13, when Capilano announced it was entering into a scheme implementation arrangement…

Nestle Malaysia to sell chilled dairy business to Lactalis for US$40m

MALASYIA - Lactalis, the world’s largest dairy firm, haS agreed to buy the chilled dairy business of Nestle in Malaysia, which generates revenues of US$24 million, in a deal worth around US$40 million. According Reuters, the deal is expected to take effect next January, following the earlier acquisition by Lactalis of the Stonyfield organic yoghurt…

ASAS Dairies boosts its milk consumption campaign as production grows

TANZANIA - The 18-year old private dairy processing firm, ASAS Dairies is seeking to boost milk consumption in Tanzania through efforts including healthy living promotions in the country. The company has reported a 20% increase in milk production for livestock keepers who feed their dairy cows with ingredients for the past one year. Increasing milk…

Siggi’s appoints Carlos Altschul as new CEO replacing Bart Adlam

USA - Siggi’s, the Lactalis-owned maker of Icelandic-style yogurt, has appointed Carlos Altschul as its new CEO, replacing Bart Adlam who has left the company to pursue a new business opportunity. According to the company, with the rise in consumer demand for cleaner, higher-quality foods with lower sugar, it views this as the optimal time…

Lakeland Dairies and LacPatrick Dairies merge to improve production and cross border exports

IRELAND - Lakeland Dairies, an Irish dairy co-operative, and LacPatrick Dairies have reached agreement to merge following the unanimous approval of the Boards of both co-operative societies who are recommending the proposed merger to their respective shareholders. According to Lakeland Dairies, exclusive discussions about a possible merger started last June and have reached a positive…

Barry Callebaut Group signs agreement to acquire chocolate producer Inforum

RUSSIA - The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, has signed an agreement to acquire Inforum, a leading Russian B2B producer of chocolate, coatings and fillings, serving many of the well-known consumer chocolate brands in Russia. According to the company, the strategic acquisition will strengthen its presence and…

Kelly’s of Cornwall ice cream brand launches new sticky gingerbread flavour

UK - Froneri-owned ice cream brand Kelly’s of Cornwall has launched a new sticky gingerbread flavour ice cream in the UK ahead of Christmas, which has toffee sauce, fudge pieces and ginger digestive biscuit pieces. According to FoodBev, the ice cream is made in the English country of Cornwall with whole milk and clotted cream…