Latest news in the food and nutraceutical industry

5 Jul 2016

FrieslandCampina is to acquire 51% of Engro Foods, the second largest dairy company in Pakistan, in partnership with the World Bank Group’s International Finance Corporation (IFC) and the Dutch development bank FMO. The transaction is valued at €420 mi...

4 Jul 2016

DSM’s latest Global Insight Series report reveals that an overwhelming number of consumers of lactose-free dairy in emerging markets such as Colombia and China, say that their main purchase driver is the health appeal of lactose-free products.

30 Jun 2016

Chr. Hansen has launched NOLA Fit, which it describes as a unique new lactase enzyme which opens the door to lactose-free or sugar reduced yogurts - without compromising on taste.

30 Jun 2016

Danone and the shareholders of Michel et Augustin have entered into exclusive negotiations to allow Danone to acquire a minority interest in Michel et Augustin, alongside Artémis and Michel et Augustin’s founders.

24 Jun 2016

Arla Foods Ingredients has opened its new, dedicated factory located in Nr. Vium, Denmark. The €40 million facility can produce approximately 4,000 tonnes of high quality whey and casein hydrolysates a year.

23 Jun 2016

The upgrade underway at Fonterra’s Edgecumbe site will allow Fonterra to capture lactose that was previously unable to be extracted from the site’s waste stream by creatively applying existing filtration technology.

22 Jun 2016

New Zealand’s Ministry for Primary Industries (MPI) says the outlook for New Zealand primary industries is positive with strong growth forecast across most sectors and dairy prices expected to gradually increase over the next 2 years.

21 Jun 2016

Fonterra has announced a senior leadership team and business unit structure that it says will enable the co-operative to continue to deliver maximum value creation and strong performance.

20 Jun 2016

The growing popularity of CrossFit will boost the market for premium sports nutrition solutions that offer significantly faster recovery than mainstream products, according to Arla Foods Ingredients.

17 Jun 2016

Danone has upgraded its guidance for trading operating margin for the year from “solid improvement” to a range of +50bps to +60bps, while confirming its sales growth guidance within a range of +3% to +5%.

16 Jun 2016

Arla has opened a new distribution terminal with a combined 10,000 square metre warehouse with cooling areas and office buildings in Heidenau near Hamburg.

13 Jun 2016

Canadian dairy company Saputo has reported its financial results for its fourth quarter which ended 31 March. Consolidated revenues for the quarter were $CAN2.734 billion, an increase of $220.2 million or 8.8% compared to the same quarter last fiscal y...