High Desert to boost output and add new milk-protein …
WEBJul 29, 2021 · An Idaho dairy processor has undertaken an expansion that nearly doubles its output. The $50m project will allow Burley-based cooperative High Desert Milk to increase its annual butter output from 45m pounds to 85m pounds and add a new milk-powder product, MPC-70, to its portfolio. MPC-70 is …
Michigan Milk Producers Association to acquire Superior Dairy
WEBDec 7, 2021 · The Superior Dairy facility is located in Canton, Ohio. Superior Dairy, along with Creative Edge Design Group, Ltd., and LEL Logistics, Inc. will become wholly owned subsidiaries of MMPA effective December 31, 2021. The MMPA serves dairy farmers in Michigan, Indiana, Ohio and Wisconsin, handling approximately 5bn pounds of …
Garlic in cow feed keeps gases down – and milk yields up
WEBJan 6, 2020 · Scientists found the mix of garlic and citrus extract reduced methane emissions by up to 38%. The effect was produced by adding about 15g of the supplement to the cows’ daily feed. The trial also found milk yield rose by up to 8%. The cows were also less stressed, according to the researchers, because the garlic appeared to deter the flies ...
Savencia acquires US plant-based company Hope
WEBOct 12, 2021 · Savencia Fromage & Dairy has acquired Colorado-based Hope Foods, a brand of hummus and other plant-based dips. The acquisition includes the Hope Foods’ plant in Louisville, CO, where its hummus and nut dips are manufactured. Hope Foods was founded in Boulder, CO, more than 10 years ago, first selling its …
New dairy and dairy alternative product launches in August
WEBAug 31, 2021 · The new Vioblock is a vegan alternative to butter that is 100% plant based as well as containing vitamins B1, B2, B6, B12 and folic acid. Bianca Harris, UKI marketing manager for Violife, said, “Launching our first butter alternative Vioblock is a milestone moment for Violife as we look to expand our product offering further within the dairy alternatives category.
Medina Dairy and Freshways Dairy agree merger
WEBJul 22, 2021 · A new board and management structure will be put in place to oversee the merger, ongoing operations and strategic development of the combined business with Sheazad Hussain (currently chief executive of Medina Dairy) and Bali Nijjar (currently managing director of the Freshways group of companies), being appointed as joint managing directors.
Froneri scoops Nestlé’s US ice cream division for $4bn
WEBDec 12, 2019 · In the same time frame, Nestlé USA’s turnover was about USD $1.8bn. Froneri will acquire leading dessert brands like Häagen-Dazs, Drumstick, Dreyer’s, Skinny Cow, Edy’s, Nestlé Ice Cream and Outshine. Nestlé USA is the second largest ice cream manufacturer in the US, and Froneri will now be the second largest ice …
DSM to acquire US dairy flavor company First Choice Ingredients
WEBSep 6, 2021 · Dutch-headquartered company Royal DSM has signed an agreement to acquire First Choice Ingredients, a supplier of dairy-based concentrates and savory flavorings for an enterprise value of $453m. The transaction represents an EV/EBITDA multiple of 19.8x based on the estimated 2021 adjusted EBITDA. The estimated 2021 sales amount to about $75m.
Fonterra Australian yogurt, dairy business sale to Parmalat …
WEBFeb 22, 2016 · The consideration paid to Nestlé for the licensing is approximately $17.7m (€16m). In December, Fonterra announced its intention to sell its Australian yogurt and dairy dessert business to Parmalat Australia Pty. Ltd. At the time, Fonterra said that the divestment was part of a plan to return the co-operative’s Australian business to ...
IFCN publishes 2019 dairy report
WEBNov 7, 2019 · IFCN, a global network for dairy economic research and consultancy, has published the IFCN Dairy Report 2019. The report covers 120 country profiles, which represent 98% of the total global milk production, and provides comparable, standardized data on development, trends and drivers of the last 20 years. The report includes information on ...