Mengniu

 

Jais Valeur resigns from Arla Foods

Jais Valeur, executive vice president of Arla Foods, has resigned and accepted a position as CEO of Danish meat processing company, Danish Crown.

Arla adds to Brazil’s Vigor

Arla is strengthening its presence in the Brazilian market with a shared ownership with its long time partner, Brazil’s largest dairy company, Vigor Alimentos Since 1986, Arla has been in a 50/50 joint venture with Vigor under the name Dan Vigor. In 2013, Dan Vigor made a gross revenue of €36 million. Under the new […]

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Nestlé still first in Rabobank top 20

The latest annual Rabobank survey of the world’s largest dairy companies shows most of the top companies battle challenging conditions over the last 18 months. Weak economies and supply constraints have been undermining sales growth in key markets. Against this backdrop, mergers and acquisitions have become an attractive route to growth and profitability. But with billion dollar deals increasingly hard […]

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Tetra Pak triples production rate for Chinese dairy

Tetra Paksays that its Tetra Pak A3/speed filling machine  for Tetra Prisma aseptic portion packs has been successfully deployed with its first customer Mengniu, a Chinese dairy. Running at a speed of 24,000 packs per hour, or approximately seven packs per second, the machine is one of the world’s fastest filling machine for carton packages, pushing operational cost down […]

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Danone increases stake in China’s Mengniu

Danone has agreed with COFCO Dairy Investments to subscribe a reserved rights issue by China’s leading dairy company Mengniu, raising its interest in this company from 4% to 9.9% for an investment of €486 million. The transaction makes Danone the second largest shareholder in Mengniu, and follows on from agreements signed on 20 May 2013 with Mengniu and […]

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