Fonterra offloads 50% stake in DFE Pharma in debt management strategy

NEW ZEALAND – Fonterra has agreed to sell its 50 percent stake in DFE Pharma, a joint venture with Royal Friesland Campina, for NZD 633 million (US$401 million). The 50% stake in DFE Pharma will be […]

FrieslandCampina signs Plastic Pact, commits to 100% recyclable packaging by 2025

NETHERLANDS – The Dutch dairy cooperative, Royal FrieslandCampina N.V. has announced that it will make 100% of its packaging recyclable by 2025 after signing the Plastic Pact NL., an initiative aligned with the Netherlands proposed […]

FrieslandCampina to invest US$26m in local milk production in Nigeria

NIGERIA – Royal FrieslandCampina, the Dutch multinational dairy cooperative will invest US$26.69 million (23 Euros) in local milk production as part of its Dairy Development Programme (DDP) in Nigeria. Speaking during a visit to the Vice […]

FrieslandCampina expands its cheese activities with Parrano and Tjiezi

NETHERLANDS – Royal FrieslandCampina, a Dutch multinational dairy cooperative, has taken over activities of Best Cheese Holland, including its brands Parrano and Tjiezi. According to the company, with the acquisition of dairy dipper activities, including […]

BASF launches HMO ingredient as it gears up for competition in infant formula

GERMANY – BASF plans to launch a human milk oligosaccharide ingredient 2’-fucosyllactose (2’-FL) by early 2019, accelerating its presence in infant formula even as manufacturers upgrade to large scale production to meet consumer demand. 2’-FL […]

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 […]

FrieslandCampina invests in Holland Dairy Ethiopia to boost its presence

ETHIOPIA – Royal FrieslandCampina, the Netherlands based multinational dairy cooperative has joined forces with Holland-based Veris Investments to invest in Holland Dairy Ethiopia in an undisclosed cash injection. Friesland Campina said they were investing in […]

FrieslandCampina’s new oligosaccharide ingredient receives approval in the EU and US

NETHERLANDS – FrieslandCampina’s new Human milk oligosaccharide (HMO) ingredient, 2’-fucosyllactose (2’-FL) to be used in infant formula has received USDA’s GRAS (Generally Recognised as Safe) certification and approved to be used in the European Union. […]