Finish dairy firm Valio aims to become carbon neutral by 2035

FINLAND – Sustainably produced food is a hot market and companies are increasingly putting more emphases on reducing their carbon footprint. To increase the company’s competitive advantage, Finnish dairy products manufacturer, Valio has set an […]

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 […]

Arla Foods Ingredients debuts Smart Mama range of maternal supplementation concepts

DENMARK – Arla Foods Ingredients has launched two maternal supplementation concepts: the Smart Mama drink and Smart Mama bar to support children’s cognitive development during pregnancy and lactation. According to the company, the two bar […]

China’s Mengniu Dairy to acquire Kirin’s Australia unit for US$419m

CHINA – Chinese dairy giant, Mengniu Dairy has agreed to buy Kirin Holdings Co.’s Australian beverage unit Lion Dairy & Drinks for about 45.6 billion yen (US$419 million). The deal includes all white milk, milk-based […]

Kerry partners with IBM in developing an AI tool that predicts trends in the F&B industry

IRELAND – Kerry Group, in partnership with IBM recently launched a proprietary, predictive artificial intelligence (AI) tool, Kerry Trendspotter, to forecast future trends in food and beverage. The artificial intelligence tool is designed to improve […]

Maxum Foods launches food service division to meet demands in the Aussie market

AUSTRALIA – Maxum Foods, one of Australia’s leading suppliers of dairy ingredients has officially launched its food service division, Maxum Food Service. With Maxum Food Service, the company seeks to offer restaurants, cafes and quick […]

PE firm Ping An Capital acquires stake in Mengniu Dairy’s unit for US$568m

CHINA – Ping An Capital, the private equity unit of Chinese insurer Ping An Insurance, announced that it has teamed up with two companies to acquire a majority stake in dairy products maker Junlebao for […]