FrieslandCampina to invest US$12.7m in Nigeria and use 100% locally sourced milk

NIGERIA - FrieslandCampina, the Netherlands based Dutch multinational has pledged to invest about US$12.78 million in a “ready-to-drink project, using 100% locally sourced milk.” According to the Beverage Industry news, the dairy cooperative will enhance continuous training for dairy farmers, and provision of fortified milk for school pupils. The commitments were made in a joint…

Bel Group announces plans to build US$87m factory in Quebec

CANADA - The Bel Group, a multinational cheese marketer, has announced that it is going to spend $87mn to build a factory to produce its Mini Babybel cheese snacks in Quebec. According to Food Drink & Franchise, the French cheese marketer said that the plant in Sorel-Tracey, Quebec, will be its first Canadian production facility.…

Glanbia Cheese announces plans to build new mozzarella manufacturing facility

IRELAND - Glanbia Cheese, the Joint Venture business between Glanbia plc and Leprino Foods, has announced plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, Co Laois, Ireland. According to the company, a site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A…

Arla Foods to expand the Finnish premium yogurt brand Ihana

UK - Arla Foods, the multinational dairy company, is to expand its successful Finnish brand, Ihana, into new markets with the premium yogurt range launching in Denmark and the UK. According to the company, Ihana (meaning ‘wonderful’ in Finnish), was launched through an extensive brand launch in 2016 in Finland with an iconic new design.…

Everfoods to acquire India’s leading brand of fresh baked cookies Cookie Man

INDIA - The packaged foods company, Everfoods has entered into a definitive agreement to acquire a leading brand of fresh baked cookies, Cookie Man from Australian Foods (I) Pvt. Ltd, reported ET Retail. While the amount of the transaction was not known, the acquisition expands Everfoods portfolio, adding a brand of fresh baked cookies in…

Ben & Jerry under attack over deceptive marketing allegations

USA - US iconic ice cream brand Ben & Jerry’s has come under attack from the Organic Consumers Association (OCA) which has filed suit against the Unilever-owned company over deceptive marketing allegations. According to FoodingredientsFirst, the OCA is suing Ben & Jerry’s Homemade, Inc., for what it calls the "deceptive labeling, marketing and sale of…

Dean Foods shuts down Illinois facility over decreased dairy consumption

USA – Dean Foods, an American food and beverage company and the largest dairy company in US, has announced that it is shutting one of its major Illinois facilities this year, with 'decreased dairy consumption trends' among the reasons given for the decision. According to Plant Based News, The closure is one of a number…

CHS reports net income of US$229.3 million for the third quarter of fiscal 2018

USA - CHS Inc., the nation's leading farmer-owned cooperative and a global energy, grains and foods company, has reported net income of US$229.3 million for the third quarter of its 2018 fiscal year, ended May 31, 2018, compared to a net loss of US$45.2 million for the same time period a year ago. According to…

Nestle sells New Zealand confectionery business with 55 jobs lost

NEW ZEALAND – Nestlé, a multinational food and beverage company, has sold some of its confectionery brands in New Zealand – including Fabulicious Red Licorice, Mackintosh and Black Knight – to Sydney-based firm Quadrant Private Equity. According to FoodBev, the company will cut production at its Wiri factory with as many as 55 jobs likely…

Arla Foods acquires Yeo Valley Diaries to expand milk, butter and cheese market

UK - Arla Foods Limited, an international dairy cooperative, will acquire Yeo Valley Dairies Limited, a subsidiary of the Yeo Valley Group Limited to expand milk, butter, spreads and cheese brands. According to the company, this transaction will give the farmer-owned dairy cooperative the rights to use the Yeo Valley brand in milk, butter, spreads…