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UK – Muller has announced that it is launching new recipes for its Müllerlight and Müller Corner yoghurt brands, containing 9% less sugar, more protein with thicker and creamier texture. The new variants were developed following the discovery of a new yogurt culture last year, which combines two yogurt strains: Streptococcus thermophilus and Lactobacillus bulgaricus…
NETHERLANDS – The Dutch multinational dairy cooperative, FrieslandCampina has relaunched its global ingredients company, FrieslandCampina Ingredients to explore growth in health and nutrition. The new strategic organisation incorporates its four individual customer segments: Early Life Nutrition, Adult Nutrition, Food & Beverages, and Animal Nutrition, providing it with a better competitive edge in the global nutrition…
AUSTRALIA – Bubs Australia has partnered with New Zealand’s dairy co-operative, Fonterra to launch certified organic grass-fed cow milk infant formula in Australia. Bubs Australia has entered into a supply agreement with Fonterra to produce Bubs Organic® new infant formula range. Fonterra will supply Bubs with organic milk powder, sourced from its organic milk pool…
ASIA – The world’s soft drinks giant, Coca-Cola and New Zealand’s dairy co-operative, Fonterra have entered into a strategic alliance to capitalize on the growing dairy and beverages market in Southeast Asia. The companies are launching ready-to-drink beverages in the market starting with Vietnam, according to a NZ Herald report. The partnership is looking to…
UK - Müller Milk & Ingredients (MMI) has announced that it is set to carry out a strategic review of its network of dairies and enter a logistics partnership with its sister company, Culina Group. The review is part of the Project Darwin programme launched in February to save £100 million (US$129 million) in cost-cutting…
AUSTRALIA – Canadian dairy company, Saputo has entered into a definitive agreement to acquire the specialty cheese business of Australia’s Lion-Dairy & Drinks Pty Ltd for US$196.9 million (AUD 280 million). The sale to Saputo will include all Dairy & Drinks’ specialty cheese brands, including King Island Dairy, Tasmanian Heritage, South Cape, Mersey Valley, Heidi…
USA – Global packaging company, Amcor has developed ‘glass-look-a-like’ clear polyethylene terephthalate (PET) bottles to address the growing demand for transparent dairy packaging in Latin America. The first company to adopt the new packaging was leading Brazilian dairy company Letti for its Lettico A2 fermented milk products. The one-litter PET bottles use a screw cap…
FRANCE – Global dairy giant, Danone has reported 0.8% increase in first-quarter sales to US$6.89 billion (€6.13 billion), confirming 2019 full-year profit guidance. The company expects like-for-like sales growth of around 3% and recurring operating margin of more than 15% in the year 2019. Consolidated sales during the quarter were boosted by a 3% rise…
UK – Canadian dairy company, Saputo has announced that it has completed the acquisition of Dairy Crest, a United Kingdom-based milk products company in a transaction valuing the company at US$1.2 billion (£975 million). Dairy Crest adds Saputo a portfolio of cheese, butters, spreads and oils under leading British brands, such as Cathedral City, Clover,…
EUROPE – Italian dairy company Granarolo has acquired a majority stake in Venchiaredo, a producer and distributor of cheese products for an undisclosed amount. Granarolo which makes fresh milk and dairy-cheese, dry pasta, deli meats and vegetable foods has increased its stake in the Italian firm from 33.5% to 57.5%. Founded in 1968 and is…