acquisition
Emmi acquires stake in Brazil’s Laticínios Porto Alegre
Emmi is acquiring a 40% stake in Brazil’s Laticínios Porto Alegre Indústria e Comércio S/A, based in Ponte Nova in the state of Minas Gerais.
Middle East acquisition strengthens supply chain efficiency for Arla Foods
Parts of the production at three Arla Foods sites will be moved to newly acquired site in the Middle East
Froneri to acquire Tip Top
Froneri will acquire New Zealand ice cream business, Tip Top, from dairy co-operative Fonterra.
Saputo buys Lion Dairy cheese business
Saputo of Canada has entered into an agreement to acquire the specialty cheese business of Lion-Dairy & Drinks Pty of Australia.
Emmi acquires Austrian Leeb Biomilch
Swiss dairy group Emmi has acquired a majority (66%) stake in the Austrian supplier of organic goat’s milk and dairy products, Leeb Biomilch GmbH.
DMK acquires Alete
Deutsches Milchkontor (DMK) has acquired Alete GmbH and German Babyfood GmbH, in order to further develop the baby food business sector.
Saputo to acquire Dairy Crest
Cathedral City cheese owner, Dairy Crest is to be acquired by Saputo, one of the world’s biggest dairy processors, for approximately £975 million.
Glanbia posts full year results, plus new acquisition and board changes
Glanbia, the global nutrition group, has announced its results for the financial year ended 29 December 2018. Its subsidiary, Glanbia Nutritionals, has also acquired US-based Watson for $89m (€78.4m).
Business & trade, Dairy processing, Dairy science, Ingredients
Hochland adds Greek Feta to stable
Hochland SE has taken over 25% of the shares of the Greek Feta cheese producer Greek Family Farm.
Arla Foods sells up to Belgium’s Vache Bleue
Arla Foods has sold its cheese factory in Bad Wörishofen to Belgian cheese trader Vache Bleue.
Arla buys Mondeléz Middle East cheese business
European dairy co-operative Arla Foods has reached an agreement with Mondeléz International to acquire its processed cheese business in the Middle East region, which is currently licensed under the Kraft brand.
FrieslandCampina acquires Jana Foods
FrieslandCampina has announced the acquisition of US based importer and distributor Jana Foods.
Noosa yogurt acquired by Sovos Brands
Australian-style yogurt brand Noosa has been acquired by Sovos Brands, food and beverage company backed by Advent International.
Saputo acquires F&A Dairy
Saputo Inc. has announced that it has entered into an agreement to acquire F&A Dairy Products Inc for $85 million.