Sentences with phrase «dairy giant»

In that way it may remain a frustrating minority shareholder for the Canadian dairy giant.

Bega Cheese executive chairman Barry Irvin says a successful $ 533 million takeover bid by Canadian dairy giant Saputo of Warrnambool Cheese and Butter will prompt further consolidation of the local industry as it seeks to compete with big international players.

New Zealand dairy giant Fonterra said last week that Chinese demand for milk powders was so strong it could not keep up.

China, Vietnam and Russia have banned the import of milk powder and whey protein from the New Zealand dairy giant Fonterra after a botulism scare.

The capital raising would help to reduce the dairy co-operative's 52 per cent debt - to - equity ration and help «fund a third knock - out bid» which is expected to be $ 10 a share for Warrnambool, which is being courted by Montreal - based dairy giant Saputo and it's $ 9 - a-share takeover bid.

France has ordered banned the sale and ordered a recall of several baby milk formula milk and baby food products made by French dairy giant Lactalis after the discovery of salmonella bacteria, consumer protection agency DGCCRF said in a statement.

Earlier this month, French dairy giant Danone issued a profit warning for 2012, reducing its operating margin target to account for the collapse of dairy product consumption in Spain and other Southern European markets.

When the milk was originally marketed in 2003, it was sold as a «risk free alternative» to standard milk produced by dairy giant Fonterra, which contains a mix of A1 and A2 beta casein proteins.

Behind this sweetly naive brand stands a global dairy giant with $ 10 billion in sales, and that's probably what this impressive ranking is really all about.

Swiss dairy giant Nestle reported nine - month sales of CHF 60.9 billion (EUR49.9 bn), which amounts to 7.3 % organic growth, including real internal growth of 4.1 %.

THE United Dairyfarmers of Victoria has questioned why local dairy giant Murray Goulburn is slashing its farmgate milk price by 18 cents a kilogram of milk solids, while its rival Fonterra is raising prices in New Zealand.

Italian dairy giant Parmalat is said to be the only party with local operations to have expressed an interest.

Italian dairy giant Parmalat has signed a deal to acquire Western Australia's family - owned dairy and juice company, Harvey Fresh, for $ 79 million, sources said on Tuesday.

Swiss dairy giant Nestle is building a dairy farming institute in Shuangcheng in Heilongjiang province, China.

Mr Norris, a former chief executive of Air New Zealand, retired from CBA in 2011 and is also a non-executive director of dairy giant Fonterra and Origin Energy.

Ishida's revolutionary AirScan inline system for detecting leaks in MAP packs has greatly enhanced the quality control procedures, as well as reducing labour costs, for a new snack product from M - Back GmbH in Germany which is being produced for dairy giant Meggle.

Brewing and dairy giant Lion says it will use its 10 per cent stake in Warrnambool Cheese & Butter to protect its own cheese business from being downgraded by any new owner.

Updated Murray Goulburn says it will «commercially assess» the latest move from Saputo after the Canadian dairy giant secured a majority stake in Warrnambool Cheese & Butter.

Parmalat Australia chief executive Craig Garvin says the French - owned dairy giant will keep hunting for quality acquisitions after its $ 120 million acquisition of Western Australia's biggest dairy exporter, Harvey Fresh.

First half year results from Swiss dairy giant Emmi have shown that it suffered from a domestic 3 % decline in sales due to fierce price competition.

Fund managers and investors alike bemoan the lack of choice in the Australian market, but we have just seen an opportunity to create a listed dairy giant pass us all by.

Farmers have suggested dairy giant Fonterra did not need to cut its milk price, but was «opportunistic» following the announcement that rival Murray Goulburn would slash its farmgate milk price.

Murray Goulburn's argument that Australian dairy needs to emulate New Zealand's monopoly dairy giant Fonterra and build scale to be globally competitive also came under fire.

The firm deadline on Saputo's offer, and the prospect of losing the only live bid on the table, has given the Canadian dairy giant momentum with acceptances to its offer surging past 26 per cent.

Dairy giant Muller is increasing its standard non-aligned milk price by 1.5 pence per litre from August.

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.

European dairy giants Nestle and Vivartia are among a number of companies facing fines imposed by the Greek competition authority for allegedly fixing dairy prices in the country, press reports have said.

Having been forced by the severe economic environment in 2009 to make cuts across its business, Arla Foods has substantially increased its investment budget for 2010 to DKr1.84 billion (Eur250 million) as the Scandinavian dairy giant again focuses on expansion.

Saputo, the Canadian dairy giant hoping to buy Australian co-operative Murray Goulburn, has signalled a willingness to sell a Victorian plant that the competition watchdog deemed a barrier to the deal.

Europe is flooding that market with more and more milk products, and the U.S. has to compete with other dairy giants like Australia and New Zealand for Korea's business.

Swiss dairy giant Nestlé has reported 7.5 % organic growth and 3.9 % internal growth for 2011, with a trading operating profit of CHF12.5 billion ($ 10.3 bn) on sales of CHF83.6 billion.

An innovative tech solution to the food waste crisis might be coming soon to a supermarket near you: Mimica Touch, a tactile label that accurately shows when food is no longer safe to eat, is going to be trialled by the UK arm of dairy giant Arla, which owns Cravendale, Anchor and Skyr.

Chinese dairy giant Mengniu Dairy Co. [HKG: 2319] has teamed up with FIFA to become an official sponsor of the 2018 World Cup in Russia as it looks to expand overseas.

The Takeovers Panel has asked for public submissions to shape its guidance note on dividends in takeovers in an effort to clear the waters after the Panel was forced to intervene in Canadian dairy giant Saputo's messy and complicated offer for Warrnambool Cheese & Butter (WCB).

Negative news keeps piling up for French dairy giant Lactalis, which recalled 12 million cans of baby milk in December because of a multi-country Salmonella outbreak traced to the product.

On Monday, the French dairy giant Danone announced an agreement to sell its U.S subsidiary Stonyfield to Lactalis for $ 875 million.

New Zealand dairy giant Fonterra vows to position technologies, marketing and products based on consumer trends in the Chinese market, which the company views optimistically.

While capitalism dictates that to the victor go the spoils, it does seem a shame that an opportunity to create a global dairy giant based in Australia has been lost, with effective control of Warrnambool passing to our much - loved Canadian cousins.

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.

Mr Joyce is proposing a number of measures to address what he says are the challenges facing farmers following a recent decision by dairy giants Murray - Goulburn and Fonterra to slash farmgate prices for milk solids.

Australia's largest privately owned milk processor, United Dairy Power, has backed Canadian dairy giant Saputo's bid for control of Warrnambool Cheese & Butter in a fierce $ 500 million - plus takeover battle with Victorian farmer co-operative Murray Goulburn.

French dairy giant Lactalis recently reported that baby milk produced at its Craon factory could have been...

Brewing and dairy giant Lion is flexing its considerable muscle in the $ 500 million - plus takeover battle for Victorian group Warrnambool Cheese & Butter, saying it will use its 10 per cent stake in the small dairy group to protect its own cheese business from being downgraded by any new owner.

Murray Goulburn will «commercially assess» the latest move from Saputo, as the Canadian dairy giant secured a majority stake in Warrnambool Cheese & Butter (WCB), effectively ending the bidding war for Australia's oldest listed dairy processor.