A2 Milk rejects takeover by Freedom Foods and Dean Foods consortium
July 22, 2015

The A2 Milk Company is currently reviewing some other undisclosed expressions of interest for acquisition after it decided to reject the takeover offer made by Freedom Foods and the Dean Foods Company. In an update released to the Australian Securities Exchange (ASX) and the New Zealand Stock Exchange (NZX) ,Managing Director and CEO of The A2 Milk Company, Geoffrey Babidge said that the Expression of Interest proposal made by Freedom Foods and Dean Foods Company was not “compelling” and his... ...Read more »

Top 5 cheese brands hold less than 10% of global market
July 13, 2015

The global cheese market is growing strongly, driven by emerging countries such as Brazil, where cheese consumption is expected to triple in less than a decade. However, the top five global brands hold less than 10% of the market. According to Canadean Research, the global value of cheese stood at US$216.3 billion in 2014 and is expected to reach US$237.2 billion in 2019. However, the global cheese market is also highly fragmented, with the top five brands – Kraft, Philadelphia, President, Sargento... ...Read more »

Fonterra opens first wholly-owned European plant
July 13, 2015

New Zealand based global dairy producer Fonterra last week opened its first wholly-owned ingredients plant in Europe. In a smart move, the plant is located in Heerenveen in The Netherlands and is next to local A-ware Food Group’s cheese plant; Fonterra will process the whey and lactose bi-products from that adjacent A-ware Food Group factory. Fonterra’s Heerenveen plant will have the capacity to process up to 2.7 million litres of whey daily and will have an annual production capacity of 25 000... ...Read more »

Riggs Autopack Depositor streamlines Granny Gothards ice cream production
July 13, 2015

Riggs Autopack, of Lancashire UK, a market leader in volumetric depositors and filling machines, transfer pumps and conveyor filling lines, has recently installed a depositor for Granny Gothards of Somerset Levels, a traditional ice cream manufacturer. With demand increasing and a new summer season on the way, Granny Gothards recognised the need to improve their production processes, including the efficient filling of their ice cream product into pots. The current filling process by hand was both... ...Read more »

Murray Goulburn shares fly as global dairy markets dive
July 8, 2015

Despite dairy commodity prices dropping globally, Murray Goulburn’s share debut on the Australian Securities Exchange (ASX) has been a strong one. Murray Goulburn is the largest of the Australian-owned dairy processors to list on the ASX. Last Friday 3 July 2015, Murray Goulburn dairy group partially listed on the ASX to raise $500 million in capital. The initial shares were sold at $2.18, up on the $2.10 issue price. By Monday the closing price was $2.42 although the shares experienced a slight... ...Read more »

A2 Milk Company takeover duo revealed
June 24, 2015

Freedom Foods Group and large US food manufacturer Dean Foods Company have been officially revealed as the interested parties wanting jointly to take over the A2 Milk Company. The A2 Milk Company had earlier announced that two unnamed companies had approached the A2 Milk Company but by Wednesday 24 June 2015 the Australian Stock Exchange had made it imperative to disclose the names of the interested parties given the serious media speculation. Freedom Foods Freedom Foods is a publicly-listed Australian-based... ...Read more »

Possible bid to buy out A2 Milk Company
June 22, 2015

The A2 Milk Company Ltd may soon be acquired by two unnamed companies.    Announced in a statement to stock exchanges in Australia and New Zealand today, The A2 Milk Company Ltd said it could not state the names of the interested parties as doing so could lead the companies to withdraw their interest. The company is listed both on the Australian Stock Exchange and the New Zealand Stock Exchange and has a market capitalisation of AUD $336 million. The share price rose AUD $0.05, or ten per cent,... ...Read more »

How consumer trends have influenced dairy packaging
June 22, 2015

Look behind what’s on today’s retail shelves, and the strength of consumer trends shaping dairy packaging is obvious. Here are just five trends (out of the many) and how they’ve impacted dairy product packaging: Need for authentication — dealing with counterfeiting Convenience — smaller, resealable, easily held, ready to eat Environmental concerns — glass containers, renewable caps made from plants Health — lunchbox-friendly, portion control Packaging innovation — saving manufacturing... ...Read more »

Australian-based group buys out United Dairy Power rump
June 17, 2015

Australian-based Beston Global Food Company has revealed it has acquired milk producer United Dairy Power from the receivers. Australian-based Beston Global Food Company has revealed it has acquired milk producer United Dairy Power from the receivers. The South Australian based United Dairy Power which was an aggregator of milk suppliers across Victoria and Tasmania, went into receivership in April 2015. The company was one of the country’s largest independent milk suppliers and owned the Caboolture... ...Read more »

Frosty Boy expands beverage range
May 13, 2015

Australian frozen dessert and beverage manufacturer Frosty Boy is expanding its ‘The Art of Blend’ beverage range with a new Decadent Milk Chocolate flavour. Australian frozen dessert and beverage manufacturer Frosty Boy is expanding its ‘The Art of Blend’ beverage range with a new Decadent Milk Chocolate flavour. The company has said they are launching the new flavour after noting increasing demands for more beverage choice in the Australian market. ‘’The Art of Blend’ range was introduced... ...Read more »

Next Page »