Fonterra, the world’s foremost dairy exporter, has concluded its internal hunt for a new Chief Executive Officer (CEO) by naming the veteran employee, Richard Allen, as successor. Richard Allen: The New CEO of Fonterra Richard Allen, who started his career…
Mondelez International has recently unveiled its latest offering, Cadbury Dairy Milk Biscoff, in a collaborative endeavour with Lotus Bakeries. This unique product presents a delightful blend of Cadbury Dairy Milk’s creaminess and the distinct crunchiness of…
Cattle farmers in New Zealand have been given a much-needed boost as the Global Dairy Trade (GDT) announced a rise in pricing in its most recent index. On the 6th of January, the GDT conducted its latest auction, which resulted in dairy prices experiencing a…
The Kingland Dairy Free Yogurt range has been introduced in Hong Kong by Australian plant-based food manufacturer, King International. This launch signifies a significant milestone in the company’s expansion strategy within the Asia-Pacific region. The…
Lactalis Australia has recently introduced two novel tastes to their high-protein dairy line, Pauls. The fresh offerings, Double Espresso Caramel and Summer Berries, add an exciting twist for consumers. The introduction of Double Espresso Caramel and Summer…
Nestle, a global food conglomerate, has announced its decision to exit the Dairy Methane Action Alliance, an international consortium committed to reducing methane emissions. The consortium, established in December 2023, comprises members like Danone, Kraft…
Gippsland Dairy, a subsidiary of Chobani, has joined forces with Beechworth Honey to introduce two new honey-infused yoghurt products into the market. Exclusive Partnership Product Launch The dynamic collaboration merges Gippsland Dairy’s premium yoghurt with…
Yili Group, a leading dairy company based in New Zealand, is predicting a steady increase in revenue for the upcoming year, following impressive growth during the first half of the current year. The company’s subsidiaries, Westland Milk Products and Oceania…
Introduction In response to growing consumer interest in the natural nutritional benefits of dairy, Bega Group’s Dairy Farmers brand is poised to unveil its High Protein Milk. The product, notable for its high protein content, aims to capture a market…
Chobani Australia has extended its non-dairy offering, adding a range of oat yoghurts to its suite of products. According to a company statement, Chobani Australia recognised the growing ‘flexitarian’ market, and was motivated to provide these consumers with…
A2 Milk’s NZ$270 million bid for New Zealand-based Mataura Valley Milk has been given the green light by the country’s Overseas Investment Office. The decision clears the way for a2 to pick up a 75 percent interest in the dairy nutrition business, which is…
Brownes Dairy has been penalised $22,200 by the ACCC over two breaches of the Dairy Code of Conduct last year. Last year, the WA dairy producer published two standard form milk supply agreements on its website which failed to specify key terms such as a…
Dairy Farm Group-backed Yonghui Superstores is to boost its interest in Central Chinese regional supermarket chain, Zhongbai Holdings. According to a stock exchange filing in Shanghai, Yonghui is offering RMB8.10 per share to take its stake in the company…
Vietnam’s biggest dairy company plans to open a plant in Myanmar this year and is preparing to enter Indonesia and China. The Myanmar factory will be Vinamilk’s second in Southeast Asia after acquiring its first in Cambodia. It is in discussion for one joint…
Fonterra Future Dairy Pvt Ltd, a new joint venture between global dairy nutrition company Fonterra Co-operative Group and new age FMCG company Future Consumer Limited, announced the appointment of Ishmeet Singh as its CEO, effective from January 7, 2019.…
A Singaporean shareholder in Vinamilk is seeking to increase its stake in Vietnam’s largest dairy firm. Jardine Cycle & Carriage Ltd has registered to buy 17.41 million shares between January 9 and February 7 through its wholly-owned local subsidiary,…