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.
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.
Not exact matches
Qualification as a Green
Giant: 100 %
of pork, beef, and chicken are naturally raised and a majority
of dairy is pasture raised.
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.
In the past decade, Berkshire has morphed from an insurance / investing vehicle for Buffett to a major conglomerate that owns everything from
Dairy Queen to Fruit
of the Loom to
giant railroad company BNSF.
Use it as a dip for strawberries, dollop some on top
of cake or cupcakes, serve with your favourite
dairy free ice cream (mine is Tommy & James» chocolate flavoured Nice Cream)... or do what I did yesterday afternoon and just eat it by the
giant, mouth - watering spoonful.
French
dairy giant Danone has called on British retailers to limit the sale
of infant formula to two units per customer, in an attempt to curb «unofficial exports»
of Western - manufactured milk powder to China.
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.
Lino Saputo, Jr the boss
of Canada's
dairy giant Saputo Inc says he does not see any potential issues with the competition regulator.
But the New Zealand
dairy giant's chief executive Theo Spierings, said this was too high and did not reflect a collapse
of global prices for key
dairy commodities.
New Zealand
dairy giant Fonterra has confirmed it has lodged a bid for Australian co-operative Murray Goulburn, while revealing it was poised to overtake its rival to become this country's biggest buyer
of milk.
Canadian
dairy giant Saputo has reported a profit decrease
of more than CAD$ 6m for Q1 fiscal year (FY) 2013, attributing the result to a fall in the average price
of cheese in the United States.
In an attempt to stabilise its Australian operations and improve returns,
dairy giant Fonterra will sell its yoghurt and dessert business to the Aussie subsidiary
of Italy - based Parmalat.
France orders ban
of baby milk formula by
dairy giant Lactalis, with some products exported to China
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.
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.
Canadian
dairy giant Saputo, which has made an unconditional $ 515 million takeover bid for Warrnambool Cheese and Butter, said it now holds 3.73 per cent
of voting power in Australia's oldest
dairy maker.
The chief executive
of the $ C13 billion ($ 12.7 billion) Canadian
dairy giant will reach out to Australian farmers with a pledge
of capital investment and other incentive programs to support a swelling
of the region's milk pool.
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.
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.
To take them over the top, make an ice cream sandwich with two
giant - size cookies and a scoop
of your favorite flavor
of ice cream —
dairy - free,
of course!
The approval clears one
of the last impediments to a deal that will establish the dominance
of two international
giants in Australia, the world's third largest
dairy exporter, amid intense competition to tap growing Asian demand.
The exports arrangements, sealed earlier this year, will expand Australia's
dairy exports to China outside
of the current main export, with the Asian
giant Australia's second - largest market for long - life milk.
The
dairy giant had earlier announced a forecast price
of $ 6.75 per kgMS.
Chief executive Theo Spierings said the
dairy giant would maintain financial discipline and «not pay the milk price out
of borrowings».
In «Farmers backed in Coles milk battle» (Herald Sun, 5 April 2011), Matt Johnston claims that the Australian
Dairy Farmers group «is canvassing financial support to bankroll a case against Coles, accusing the supermarket
giant of predatory pricing».
The
dairy giant said it has devoted the maximum possible volume
of its 22 billion litres
of milk to production
of milk powders to capitalise on the stronger prices but has been unable to shift more than 70 per cent
of production to powders because
of the nature
of its existing infrastructure.
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.
The momentum behind Saputo's $ 500 million - plus takeover bid for Warrnambool Cheese & Butter could become a breaking
of the dam if Bega Cheese sells its 18.8 per cent WCB stake to trigger additional payment hurdles in the Canadian
dairy giant's offer.
US
dairy giant Dean Foods has announced plans to close its Oak Farms processing plant in Shreveport, Louisiana later this year — citing the pressures
of operating in a «highly competitive marketplace.»
The New Zealand
dairy giant hired broker Goldman Sachs to buy as much as 10 per cent
of Bega in an after - market raid, revealed by AFR.com, in a bid to protect its licensing agreement with Bega.
Bega itself is vying for control
of WCB with Australia's biggest
dairy exporter Murray Goulburn and Canadian
giant Saputo.
Japanese beer
giant Kirin Holdings is believed to be reconsidering the future
of its Australian
dairy business, Lion Dairy & Dr
dairy business, Lion
Dairy & Dr
Dairy & Drinks.
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.
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.
Chinese
giant New Hope will invest up to $ 500 million in Australian
dairy farms and processing plants as part
of a deal with ASX - listed Freedom Foods in what could be the first
of many deals fuelled by the historic China - Australia free trade agreement.
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.
In Australia, the power
of supermarket
giants Coles and Woolworths and industry fragmentation has crimped margins across the
dairy sector.
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.
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 Goul
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 Goul
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.
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.
Danone must cut the prices
of its branded
dairy products significantly in parts
of Europe to compete with lower - price private label brands, French banking
giant Societe Generale has claimed.
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.
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.
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.
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.
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.
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.
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.
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.