American investment fund The Rise Fund invests in Uganda’s Pearl Dairy

UGANDA – The Rise Fund, a global impact investment fund managed by American private equity firm, TPG Capital has acquired a 34% stake in Uganda’s leading dairy company, Pearl Dairy. Pearl, which markets its products […]

Dairy-free beverage start-up Mooala secures US$8.3m in funding to expand footprint

USA – Organic, dairy-free beverage and creamer maker, Mooala completed has closed its Series A funding that has seen the company raise US$8.3 million led by Sweat Equities. The funding round also counted several investment […]

Australia’s Wattle Health forms joint venture with Chinese dairy company

CHINA – Wattle Health, an Australian nutritional products maker has formed a joint venture with state-backed Chinese dairy company, Nouriz Fine Food to manufacture and sell a range of certified Australian organic nutritional dairy products in […]

Müller introduces new measures to address growing milk surplus in Scotland

SCOTLAND – Müller Milk & Ingredients has announced that it will be introducing new measures to tackle an ‘unprecedented surge’ in Scottish farm milk production that has substantially surpassed local demand for fresh milk from […]

America Investment firm TPG Capital acquires stake in Kenya’s Maziwa Ltd

KENYA – US based investment firm Texas Pacific Group (TPG) has deepened its stake in Kenya’s thriving milk sector by acquiring 33.9% stake in Kenya’s local dairy processor Maziwa Limited. TPG has acquired Maziwa Ltd […]

PE firm Centre Partners invests in Wisconsin Cheese, announces new management

USA – Centre Partners, a leading middle market private equity has announced an investment in Monroe-based manufacturer of Hispanic foods, Wisconsin Cheese Group (WCG) leading to an overhaul in the company’s management. WCG is a […]

Arla Foods to invest US$55m in newly opened cheese production site in Bahrain

BAHRAIN – Danish dairy company, Arla Foods has inaugurated a state-of-the-art cheese production site in the Kingdom of Bahrain to enable the company meet the increasing demands for dairy in the Middle East and North […]

Tetra Pak opens US$27m cheese production centre in Poland

POLAND – Tetra Pak has opened a US$27.8 million (€25 million) site in Poland, with sales, engineering and manufacturing facilities for cheese production solutions. Building on the company’s global expertise in cheese, the centre has […]

Lactalis Group sign renewable energy deal for its factories in Spain

SPAIN – The French dairy company, Lactalis Group has signed a nine-year renewable power purchase agreement with Engie Spain to supply energy to its facilities in Spain. Under the agreement, Engie will supply renewable electricity […]