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Fonterra’s farmer shareholders have granted approval for the company’s proposal to divest its consumer products division. The Mainland Group and its associated businesses are set to be sold to Lactalis for a sum of $4.22 billion. High Support for Divestment A…
New Zealand-based The A2 Milk Company has successfully finalized a $282 million acquisition of Yashili New Zealand’s Pokeno nutritional manufacturing facility. The deal was made with China’s Mengniu Dairy Group. Full Ownership and Future Plans With this…
Oat Milk Goodness (OMG), a renowned Australian plant-based beverage firm, recently announced its plan to extend the reach of its popular 1L Barista Oat Milk to 900 Woolworths outlets across the nation by November. This is a significant increase from the 544…
Fonterra, a leading dairy company, has announced it is selling its global Consumer and associated businesses to French dairy enterprise, Lactalis. The transaction is valued at NZ$3.845 billion ($3.48 billion). Details of the Sale The sale incorporates…
The A2 Milk Company has reported a significant increase in its revenue for the current financial year. The group’s revenue rose by 13.5 per cent, reaching $1.9 billion, a notable increase from last year’s $1.67 billion. Financial Growth and Profit This upward…
Hunt and Brew, an Australian food and beverage company, has introduced its high-protein milk product, Extra Protein Milk 1L, to the national market. This newly launched product is now available at all Coles supermarkets throughout Australia. Product and…
In a troubling turn for employees at Jollibean, 29 workers are currently receiving assistance for unpaid salaries, as reported in a joint statement from the Tripartite Alliance for Dispute Management and the Ministry of Manpower on July 12. These salary…
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…
Bega Cheese, an Australian dairy company, has indicated its intention to file an application with the Australia Competition and Consumer Commission (ACCC) seeking authorisation for its planned acquisition of Fonterra Oceania. Enhancing Outcomes through…
Cadbury, a renowned chocolate brand, has introduced its 100g Dairy Milk chocolate blocks to supermarkets all over the country, in a strategic move to capitalize on the changing consumer preferences. New Convenient Size for the Modern Consumer The latest…
Summer Land Camels, a prominent brand in the camel dairy industry, has unveiled its maiden camel milk vodka, which is matured in French oak barrels. This innovative take on vodka is created from camel milk whey, locally sourced honey and aged in French oak to…
Boring Oat Milk, a renowned plant-based milk brand from New Zealand, has made a significant stride in expanding its reach with the recent launch in over 1000 Woolworths stores throughout Australia. This denotes the company’s most extensive supermarket…
Fonterra has taken a major step toward its decarbonisation goals with the commissioning of its first electrode boiler at its Edendale site in Southland, New Zealand. This move marks a significant shift away from coal usage in the dairy cooperative’s…
Fonterra will shut its Canpac packaging facility in New Zealand in July, impacting approximately 120 employees. The site primarily blends and packages milk powders. Its closure forms part of Fonterra’s plan to divest its consumer business, which includes…
The two flavoured milk brands – Big M and Dairy Farmers Classic – have teamed up with confectionery brand Mars to introduce confectionery-inspired chocolate milks. Anne Scott, senior brand manager of Big M, said the Maltesers-flavoured milk is part of a…
Unilever Australia’s Weis and Queensland-flavoured milk Breaka have collaborated to launch Breaka Weis mango and cream-flavoured milk. “We’re thrilled to see two iconic Aussie brands come together to offer Queenslanders a delicious category exclusive,” said…
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