Saputo's buy out of troubled farmer -
owned dairy processor Murray Goulburn has been approved by the Foreign Investment Review Board
Chinese interests have been linked with the stake and a Chinese buyer is about to acquire United Dairy Power — the nation's largest privately
owned dairy processor.
In February, Canadian dairy powerhouse Saputo won a fierce $ 500 million takeover battle for Australia's oldest dairy Warrnambool Cheese & Butter, and Hong Kong businessman William Hui snapped up United Dairy Power, Australia's biggest privately
owned dairy processor, for $ 70 million.
Not exact matches
The UK
dairy industry is dominated by three big processors — Arla Foods UK, Dairy Crest and Robert Wiseman Dairies — along with two large, vertically integrated farmer - owned co-operatives — Milk Link and First
dairy industry is dominated by three big
processors — Arla Foods UK,
Dairy Crest and Robert Wiseman Dairies — along with two large, vertically integrated farmer - owned co-operatives — Milk Link and First
Dairy Crest and Robert Wiseman
Dairies — along with two large, vertically integrated farmer -
owned co-operatives — Milk Link and First Milk.
Based in Los Angeles, Arya Ice Cream mainly distributes products for Blue Bunny Ice Cream — the largest family
owned and managed
dairy processor in the United States.
It has been a torrid 18 months for farmer suppliers and shareholders of the nation's largest
dairy processor, which culminated on Friday with the news that it has entered a binding agreement to sell all its assets and liabilities to Saputo, which already
owns rival Warrnambool Cheese & Butter.
Earlier this year,
Dairy Crest lost a key contract to supply
own label fresh milk for the UK supermarket Asda to rival
processor Arla Foods UK.
There are even supermarkets and hypermarkets that have their
own brand of UHT milk, which they distribute under private labels and with regional
dairy processors as partners.
December 2007 also saw a number of UK - based retailers and
dairy processors admitting involvement in alleged
dairy price fixing for powdered milk, butter and cheese, resulting in combined fines of about # 116m ($ 161m) from the country's
own regulator.
Australia's biggest long life beverage
processor, Freedom Foods Group, is making a bold play for the specialty A2
dairy market, launching its
own A2 milk range.
Lactalis, which
owns France's well - known President and Société brands, said that price differences between regions and individual
processors left the French
dairy industry more exposed to recent EU subsidy cuts for commodity products.
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.
Founded by Mr Esposito in 1999, United
Dairy Power (UDP) is Australia's largest privately
owned milk
processor.
Lion,
owned by Japanese
dairy and beer giant Kirin, says it has «no current intention'to sell its 10 per cent stake in Victorian
dairy processor Warrnambool Cheese & Butter.
Warrnambool meat
processor Midfield Group last week unveiled an ambitious plan to build its
own milk powder plant to tap into booming demand for
dairy commodities throughout Asia.
Founded in 1944, Naperville, Ill. - based Quality Chekd
Dairies Inc. is a member -
owned organization of 27 independent
dairy processors with 60 manufacturing facilities located throughout the United States, Mexico, Guatemala, and Colombia.
After a group of nine Maine Organic
Dairy farm families were dropped by their previous milk
processor H.P. Hood they banded together to form Maine's
Own Organic Milk (MOO Milk for short) and sell their product direct to grocery stores.