Sentences with phrase «dairy giant arla»

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.

SHANGHAI / HONG KONG, Aug 7 (Reuters)- China fined six companies including Mead Johnson Nutrition Co, Danone and New Zealand dairy giant Fonterra a total of $ 110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers.

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.

Arla Foods is looking to expand its milk powder business in Algeria, in the dairy giant's latest push to gain a foothold in emerging dairy markets.

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.

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 %.

A day before its offer closes, Canadian dairy giant Saputo now has a near 48 per cent stake in takeover target Warrnambool Cheese and Butter Factory (WCB).

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.

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

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.

«E-commerce is impossible to ignore» - Arla's Steve Millard on how the dairy giant is looking to grow online 3 Apr 18

Singh - Mahil said the dairy giant did not have to, because they had already budgeted to borrow the money to keep farmers going if they had to match the price of competitor Murray Goulbourn.

With cream cheese undergoing a steady surge in popularity in Asia, New Zealand dairy giant Fonterra is building two new cream cheese factories and has opened a new mozzarella factory to meet the demand.

CANADIAN dairy giant Saputo Inc. has given undertakings to Australia's competition watchdog on the resale of Murray Goulburn's Koroit factory should it buy the dairy co-operative's assets.

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.

MURRAY Goulburn shareholders have approved the sale of their co-operative's operating assets and liabilities to Canadian dairy giant Saputo.

The Australian Competition and Consumer Commission (ACCC) has been accused of unnecessary interference in Canadian dairy giant Saputo's purchase of Murray Goulburn (MG).

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.

However, sources close to the situation said New Zealand dairy giant Fonterra, tended to by Rothschild, was firming as the frontrunner.

See Julie - Anne Sprague, «Why Warrnambool sparked a bidding war» (AFR 22 October 2013), Tim Binsted, «MG to put case to tribunal» (Farm Weekly, 22 October 2013), Adele Ferguson, «Dairy giant poses as a national farm saviour» (Business Day, 19 October 2013) and Richasrd Gluyas, «Everyone wants these happy cows» (The Australian, 19 October 2013).

Canadian dairy giant Saputo has announced plans to pursue «additional efficiencies and decrease costs» across its business after announcing only marginally improved profits for the last three months of 2012.

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.

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

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.

Fonterra Australia's managing director said the dairy giant is on the hunt for more suppliers and it wants farmers to invest in growth as it announced a step - up in its average farmgate milk price.

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.

Canadian dairy giant Saputo has extended its $ 9 - a-share, cash takeover offer for Warrnambool Cheese & Butter as it awaits the Takeovers Panel's ruling on whether it has misled shareholders with its revised bid.

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.

Murray Goulburn is pressing ahead with its proposed acquisition of Warrnambool Cheese and Butter, despite growing expectation that rival Canadian dairy giant Saputo will pass the 50 per cent mark before the deadline for its $ 533 million offer lapses.

Updated Canadian dairy giant Saputo has lifted its bid for Warrnambool Cheese and Butter Factory for a third time, offering shareholders $ 504 million and dropping key conditions as it tries to break apart a dramatic three way battle for the nation's fourth largest dairy processor.

Bega Cheese executive chairman Barry Irvin believes a successful $ 533 million takeover by Canadian dairy giant Saputo of Warrnambool Cheese and Butter Factory will trigger further mergers in the dairy industry.

Canadian dairy giant Saputo has gained a foothold in Australia after outbidding Bega and Murray Goulburn for the nation's fourth - largest dairy processor, Warrnambool Cheese & Butter.

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.

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.

Canadian dairy giant Saputo is trying to use the prospect of closing its $ 500 million takeover offer for Warrnambool Cheese & Butter to pressure Bega Cheese into selling its 18.8 per cent WCB stake but the Montreal - based company is widely expected to extend its offer.

Fonterra Australia managing director Judith Swales said the dairy giant is on the hunt for more suppliers and it wants farmers to invest in growth as it announced a step - up in its average farmgate milk price to $ 6.64 per kilogram of milk solids.

The surge in earnings comes as Canadian dairy giant Saputo and Australia's biggest dairy processor Murray Goulburn fight it out for control of WCB.

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.

Two bidders for Warrnambool Cheese & Butter, Murray Goulburn and Bega Cheese, could turn to the Takeovers Panel to derail a revised offer for the producer from Canadian dairy giant Saputo.

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.

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.

The Canadian dairy giant Saputo is bidding for Warrnambool Cheese & Butter — a takeover target that the co-operatively owned Australian dairy giant Murray Goulburn would also like to own.

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.

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.

Her comments come on the heels of milk price increases from rival dairy processors Murray Goulburn and Bega Cheese, and in the wake of Canadian dairy giant Saputo's victory in the three - way takeover battle for Warrnambool Cheese & Butter.

Whilst 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.

ACCC commissioner Mick Keogh said the knowledge gained from the inquiry would inform a comprehensive assessment of the Saputo deal, which follows the Canadian dairy giant's acquisition of Warrnambool Cheese & Butter in 2014.

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.

The dairy giant was trying to use the previous deadline to pressure rivals Bega Cheese and Lion into selling their WCB stakes.

The Auckland - based dairy giant said it wanted to participate in the Australian dairy industry's consolidation.