Sentences with phrase «australian dairy company»

The Victorian Government wants an Australian dairy company to win the bidding war for Australia's oldest dairy processor, Warrnambool Cheese and Butter.

Australian dairy company National Foods Ltd said on Monday it would make a A$ 77 million (45 million euros) cash offer for Australian dairy producer King Island Company Ltd..

The proposal kicked off a bidding war for Warrnambool, however, and another Australian dairy company stated it would be in the «national interest» for its own proposal to be given full consideration before the Montreal firm's offer moves ahead.

Not exact matches

He'd first made contact with the Australian dairy 12 years ago, and had made a point of checking in every year since, getting to know the company and its market, and patiently waiting for a moment when a deal might make sense.

Ms McBain told The Australian Financial Review she had looked at a lot of businesses since joining the company but the dairy processor stood out as a top fit.

«There is a risk that further consolidation of Australian dairy exporting companies could have a negative effect on Australian dairy exports,» WCB said.

Australian dairy farmers were surprised and angered when both companies reduced their farm gate prices from $ 5.60 per kg of dairy solids to between $ 4.75 and $ 5.00 per kg in the past month.

Street Talk understands Kirin has quietly tested market appetite for the Australian milk, dairy beverages, yoghurt and cheese business, approaching large global food and dairy companies and other potential buyers.

Should Kirin offload Lion Dairy & Drinks, it would leave the company with a large Australian alcohol business that makes more than $ 2.5 billion in annual sales.

A New Zealand entrepreneur, the main shareholder in Australian food ingredients firm Burns Philp, announced a takeover bid on Friday for dairy products company New Zealand Dairy Fdairy products company New Zealand Dairy FDairy Foods.

Ongoing consolidation attempts across the Australian dairy sector, continuing market expansion in China and a change in long - term strategy severely affected Fonterra's ability to edge in on the highly fragmented Mexican dairy sector - of which no single company controls more than 10 per cent.

The Australian Commerce Commission has received an application from one of Australia's largest food companies, National Foods, to acquire up to 100 per cent of the issued shares of New Zealand Dairy Foods (NZDF).

In a recent market announcement, the company quoted the Australian Competition and Consumer Commission (ACCC) in its interim report into the dairy industry last November, saying: «Wholesale and retail non-organic milk prices have been declining in real terms since the industry was deregulated in 2000.

From on - farm, to manufacturing, exporting and for consumers, we work at all stages of the food supply chain with food companies - in particular the meat, dairy, horticulture and grains industries, other researchers, the Commonwealth Department of Health and state health and innovation departments to make a difference to the healthiness of foods stocked on Australian supermarket shelves.

He was more concerned about protecting farmers» milk payments and maintaining competition within the local dairy industry.Would it be better to welcome Canada's Saputo as another player, or create a bigger Australian company, with Murray Goulburn or Bega, to increase competitiveness overseas?

Saputo and Australian dairy co-operative Murray Goulburn are the two companies still battling for control of Warrnambool Cheese, after Bega Cheese recently allowed its bid to lapse.

A successful takeover would create a company with 40 per cent of the Australian dairy market.

«MG remains committed to acquiring WCB and believes the combination of WCB and MG will deliver an Australian - owned and globally competitive dairy company,» Mr Helou said.

Profits have tumbled since 2011 as the company battled a high Australian dollar, lower international dairy prices and met fierce local competition as rival Murray Goulburn aggressively chased milk supply.

United Dairy Power founder and chief executive Tony Esposito says the company will announce a sale or partial sale of its business «imminently» in a further sign that interest in Australian dairy assets is redDairy Power founder and chief executive Tony Esposito says the company will announce a sale or partial sale of its business «imminently» in a further sign that interest in Australian dairy assets is reddairy assets is red hot.

«The large dairy companies in our space are very acquisitive — we've had many knocks on the door,» Mr Prior told The Australian Financial Review.

Victorian company ViPlus Dairy, based in the South Gippsland region, earlier this week said it was the first Australian company to gain CFDA approval to keep selling its products in China and that it expected to double its workforce to 80 people in the next 18 months to keep up with demand.

Privately - owned Victorian company ViPlus Dairy trumpeted in early December that it was the first Australian manufacturer of milk powder to receive China FDA approval to keep selling its products in the China market.

The company, which has grown sales from $ 7 million in 2012 to $ 23 million in 2013 and $ 36 million in 2014, hopes to take advantage of strong overseas interest in the Australian and Asian dairy markets.

The Australian Government's Takeovers Panel has issued interim orders to prevent Canadian dairy company Saputo from processing any acceptances received under its takeover offer for Warrnambool Cheese and Butter (WCB).

Australian dairy farmers, who aired similar concerns about the level of payments they receive from dairy companies, were told at a conference last week that the price they receive for their milk is predominantly influenced by international markets.

The Co-operative said it had noted that Canadian dairy company Saputo had removed the dividend component of its offer in the most recent revision, reported by Australian Food News on 25 November 2013, and included additional «contingent» consideration.

«A combined Murray Goulburn and WCB will create one of hte largest Australian owned food and beverage businesses and a globally competitive dairy foods company 100 per cent controlled by dairy farmers,» he said.

Fonterra's decision to begin a relationship with the a2 Milk Company (a2MC) to source more a2 milk in Australia is a potential a «game - changer» for the Australian dairy industry, a leading dairy industry analyst says.

Australian Dairy Farms intends to convert its six Victorian dairy farms to organic production in the first step of the plan, which the company hopes will transform it from a minor player in the highly competitive conventional milk market to a major player in organic food prodDairy Farms intends to convert its six Victorian dairy farms to organic production in the first step of the plan, which the company hopes will transform it from a minor player in the highly competitive conventional milk market to a major player in organic food proddairy farms to organic production in the first step of the plan, which the company hopes will transform it from a minor player in the highly competitive conventional milk market to a major player in organic food products.

There are a number of smaller processors and acquirers including The Union Dairy Company (backed by The Midfield Group and global agricultural merchant Louis Dreyfus), Beston, Bega, Australian Dairy Farmers Corporation and Australian Consolidated Milk.

«The initiatives are a first significant step in making the company a major player in producing and distributing organic premium - quality branded food products,» Australian Dairy Farms chief executive Peter Skene said in a statement.

The Australian Competition and Consumer Commission paves the way for the sale of Australia's largest dairy company to Canadian giant Saputo.