Murray Goulburn to raise $500 million in capital restructure
April 15, 2015

Murray Goulburn to raise $500 million in capital restructure Australia’s largest dairy co-operative Murray Goulburn Co-operative Co. Limited (Murray Goulburn) has announced an Extraordinary General Meeting (EGM) to vote a new capital structure that will see the organisation seek approximately $500 million of capital. Murray Goulburn operates its dairy processing business under the leading Devondale brand. The EGM will be held in Melbourne on Friday, 8 May 2015. Murray Goulburn is Australia’s... ...Read more »

Diabetes risk reduced by high-fat dairy products, study
April 15, 2015

Diabetes risk reduced by high-fat dairy products, study Consumption of high-fat yoghurt and cheese are linked to a reduction in the risk of type 2 diabetes by as much as a fifth, according to new research from Lund University in Sweden. High meat consumption, on the other hand, is linked to a higher risk. The researchers said their findings, published in the American Journal of Clinical Nutrition in April 2015, were in line with previous studies of eating habits that indicated a link between high... ...Read more »

Murray Goulburn appoints new dairy foods manager
April 7, 2015

Murray Goulburn appoints new dairy foods manager Australian dairy co-operative Devondale Murray Goulburn has announced the appointment of Albert Moncau to the role of Executive General Manager – Dairy Foods, reporting to Gary Helou, Managing Director. Mr Moncau will join Murray Goulburn’s Executive Leadership Team (ELT) on 8 April 2015 with accountability for Marketing and Innovation, Domestic Sales and the international business. He brings extensive commercial and leadership experience from... ...Read more »

World Health Day 2015 focuses on food safety
April 7, 2015

World Health Day 2015 focuses on food safety The World Health Organisation (WHO) has dedicated World Health Day 2015, which it is celebrating today, 7 April 2015, to highlighting the challenges and opportunities associated with food safety. The slogan used by WHO for World Health Day 2015 is “From farm to plate, make food safe.” The WHO said new data on the harm caused by foodborne illnesses underscored the global threats posed by unsafe foods, and the need for “co-ordinated, cross-border action... ...Read more »

Next big thing: ‘Nordic Diet’, Researchers show health benefit for the obese without weight loss
April 1, 2015

Next big thing: ‘Nordic Diet’, Researchers show health benefit for the obese without weight loss The Nordic diet may reduce the bad effects of obesity, even without weight loss, according to a study led by the Institute of Public Health and Clinical Nutrition at the University of Eastern Finland. The study, published recently in the American Journal of Clinical Nutrition, found that the Nordi diet reduced the expression of inflammation-associated genes in subcutaneous adipose tissue. In overweight... ...Read more »

Fonterra expanding its organic milk supplies
March 25, 2015

Fonterra expanding its organic milk supplies New Zealand-based dairy giant Fonterra has announced that it will expand its organic milk business to “help meet growing demand”. Fonterra said the decision followed its recent review on how best to position this speciality business for sustained growth. At meetings with New Zealand farmers last week, Fonterra’s global business manager for Organics, Craig Deadman, said Fonterra was “committed” to developing its organic milk supply over the long... ...Read more »

Chobani Australia launches ‘breakfast on-the-go’
March 23, 2015

Chobani Australia launches ‘breakfast on-the-go’ Yoghurt manufacturer Chobani Australia has launched a new ‘breakfast on-the-go’ range, Chobani Oats, in Australia. The Chobani Oats product combines Chobani strained Greek-style yoghurt with steel-cut oats and fruit. Chobani Australia manufactures its products in its $30 million factory at Dandenong South in Victoria and distributes to retail outlets across Australia and to the Asia Pacific region. Chobani Australia also produces the Gippsland... ...Read more »

Australian packaging company to supply Fonterra’s new dairy bags
March 23, 2015

Australian packaging company to supply Fonterra’s new dairy bags Australian packaging company Orora has announced a new supply agreement with New Zealand-based global dairy giant Fonterra to supply multi-walled dairy bags to Fonterra’s New Zealand milk powder operations. Orora Ltd is headquartered in Melbourne, Australia. The company was created in 2013 after Amcor, one of the world’s largest packaging companies with a 150 year history in Australia, demerged their Australasian and Packaging... ...Read more »

A2 Milk Company approved for ASX listing and aims US market launch with new brand message
March 18, 2015

A2 Milk Company approved for ASX listing and aims US market launch with new brand message New Zealand-based dairy company the A2 Milk Company has announced that its application for listing on the Australian Securities Exchange (ASX) has been approved in principle, subject to customary pre-quotation conditions. The conditional approval for ASX listing comes at the same month as the Company exhibited its milk products in the US at the one of the world’s largest ‘natural, organic and healthy’... ...Read more »

Fonterra enters partnership with Chinese infant formula manufacturer
March 18, 2015

Fonterra enters partnership with Chinese infant formula manufacturer New Zealand-based dairy giant Fonterra has confirmed that it has acquired an 18.8 per cent share in leading Chinese infant formula manufacturer, Beingmate Baby & Child Food Company Ltd, for around NZ$553 million. The transaction will be closed in the next few days. Chief Financial Officer Lukas Paravicini said the companies had earlier made provision for the possibility of the Partial Tender Offer reaching slightly less than... ...Read more »

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