Sentences with phrase «at dairy giant»
Uncertainties over milk purchasing levels and payments caused by the financial crisis at dairy giant Parmalat is forcing southern European farmers into a race to secure guaranteed sales that may quickly put pressure on milk prices.
https://www.dairyreporter.com/ Not exact matches
The Dutchman had served as CEO of dairy producer Royal FrieslandCampina since 2008 and previously served as an executive at consumer products giant Unilever for 25 years, where he held executive positions across Eastern and Western Europe and Asia.
Confirmation that Saputo has picked up just shy of 4 per cent of Warrnambool Cheese & Butter, along with suggestions the Canadian dairy giant might be hauled into the Takeovers Panel in the wake of Monday's simplified bid terms, talks directly to the competing strategies at play in this intricately poised takeover battle.
New Zealand dairy giant Fonterra is looking at new ownership models, for its Australian farmers.
The dairy giant said the # 4m first - phase investment at the site in North Cornwall — which is due to be completed by Autumn 2011 — will «substantially increase production... to meet a growing demand from major retailers and foodservice providers nationwide».
He describes it was a «positive blowback» from the drama at Murray Goulburn, which was quickly followed by New Zealand - based dairy giant Fonterra in also cutting payments hard.
There was too much stock in the system, while at the same time Bellamy's was obliged to continue paying New Zealand dairy giant Fonterra to produce more infant formula whether it was required or not.
Saputo has increased its holding in WCB from 10.99 to 13.56 per cent, although the Australian Takeovers Panel has banned the Canadian dairy giant from processing acceptances to its offer for at least two months.
Fonterra chief financial officer Lukas Paravicini has rejected suggestions that the dairy giant's decision not to pay its suppliers the full milk theoretical milk price benefits third - party equity investors at the expense of farmers.
A division of Dean Foods, the organic industry's largest namebrand manufacturer, rocked the organic world this week when it was reported that the agribusiness giant intended to create an entirely new, lower - priced, product category, «natural dairy,» aimed squarely at pirating away organic customers.
French dairy giant Lactalis recently reported that baby milk produced at its Craon factory could have been contaminated with salmonella for more than a decade.