Dairy Crest chief executive Mark Allen said today (21 May) he is "confident" the group's disposal of its struggling dairies business to Mull...
The price farmers are paid for milk has again made national headlines in the UK - and again it is the country's supermarket chains in the fi...
| 6 Nov 2014
Shares in Dairy Crest shot up today (6 November) after the UK dairy group announced a deal to sell its most problematic and under-pressure division - liquid milk. However, it may just be the City was not just reacting to the exit (dependent of course on competition officials approving the transaction) of Dairy Crest from a sector struggling to make money but the fact there could be takeover interest in the leaner company.
| 23 Oct 2014
Unilever's third quarter underlying sales growth missed analyst expectations as the Hellmann's maker reported its spreads segment was still struggling, and ice cream sales were dampened by poor weather in Europe.
| 1 Sep 2014
Arla Foods is wise to invest in its whey protein production capacity. However, the company is far from alone in pursuing this strategy, with various dairy firms stepping up production to meet growing global demand. As activity increases so too could competition, Katy Askew suggests.
| 3 Jul 2014
Strategically, Dairy Crest's deals with fellow UK dairy group Fayrefield Foods and New Zealand dairy giant Fonterra to serve the global infant formula market are astute moves. But the deals could also catch the eye of some of the world's larger dairy processors about Dairy Crest's new capabilities.
| 28 Nov 2014
UK cheese maker Cricketer Farm supplies the country's major retailers with low-fat cheese, a category growing amid the rising consumer interest in health. However, in the last 18 months, the business has added a new brand - Cheeky Cow - to its portfolio, with half the fat of mature cheddar. MD Greg Parsons talks to Dean Best about the brand's early performance, the competition and how there are plans for "evolution" in 2015.
| 24 May 2013
Dairy Crest has said it has had a "transformational" year, characterised by an increased focus on its domestic business and a drive to boost efficiency. The company is now plotting a number of investments designed to grow both the top and bottom line. In a two-part just-food interview, Katy Askew spoke to CEO Mark Allen about how Dairy Crest is improving its cost base and shifting to higher margin products.
| 14 Jul 2015
Dairy Crest has said that it remains on-track to meet full-year earnings expectations as the growth of Cathedral City cheese meant sales at its cheese and spreads business are in line with last year, despite a drop in spreads sales.
| 2 Jul 2015
Dairy Crest has rejected union criticism of a GBP1.2m (US$1.9m) bonus chief executive Mark Allen stands to be awarded.
| 1 Jul 2015
Unite, the union representing workers at UK cheese-to-spreads group Dairy Crest, has criticised the bonus the group's chief executive is reportedly due on completion of the sale of Dairy Crest's dairies division to Muller. The union's stinging attack comes ahead of pay talks scheduled for the end of the month.
| 29 Jun 2015
The UK's Competition and Markets Authority (CMA) has “accepted in principle” a revised offer from German dairy giant Muller for Dairy Crest's liquid milk business, the company said.
| 15 Jun 2015
The UK competition probe into the proposed sale of Dairy Crest's milk business to Muller has been extended to a so-called "phase two" investigation.
| 26 May 2015
This week, Arla Foods struck a notable deal in Egypt, with plans for a local venture with Juhayna Food Industries. Elsewhere, Unilever announced CFO Jean-Marc Huet would step down from his post and Thorntons said CEO Jonathan Hart had decided to leave the business. Premier Foods announced its annual results and CEO GavinDarby said the UK group would continue to focus on revamping its range.
| 21 May 2015
Dairy Crest has hailed an improved full-year performance from its spreads business but profits fell at the UK dairy group as one-time costs and ongoing weakness in its dairies division took their toll.
| 20 Apr 2015
UK dairy group Dairy Crest has taken its Clover butter brand into spray cooking oils.
| 5 Feb 2015
Dairy Crest insisted that its cheese and spreads businesses have performed "robustly" in a "difficult environment" and, while its milk business continued to make a loss, the sale of the unit remains "on track".
| 4 Feb 2015
Dairy Crest has launched a reduced sugar version of its milkshake product, Frijj, in the UK.
| 2 Feb 2015
Dairy Crest has introduced a four-month "price floor" in a bid to offer a "lengthy period of stability" to its farmer suppliers struggling under the knock-on impact of low prices for global dairy commodities.
| 20 Jan 2015
Dairy Crest will supply a third less liquid milk to UK grocer Morrisons under a new deal between the two companies.
| 17 Nov 2014
Dairy giant Arla Foods has opened a lactose factory in Denmark to supply what the co-op called a "vibrant" infant nutrition market.
| 7 Nov 2014
This week, Turkey's Yildiz Holding struck a deal - said to be over GBP2bn - to buy United Biscuits and the Turkish group's CEO took to Twitter to hail the agreement. Meanwhile, German dairy giant Muller agreed to buy Dairy Crest's liquid dairy business in the second big deal of the week. Elsewhere, quarterly numbers continued to come in, with Mondelez International lifting its forecast for annual earnings.
| 7 Nov 2014
United Biscuits is set for a new owner - Turkey's Yildiz Holding. The UK-based snacks maker announced this week brands including McVitie's and BN would join Godiva chocolate in the Yildiz portfolio. The M&A spotlight was firmly on the UK last week, with German giant Müller striking a deal to buy Dairy Crest's liquid milk assets - competition approval pending.
| 6 Nov 2014
German dairy giant Müller has insisted its move to buy Dairy Crest's dairies operations will help the entire UK sector, from farmers to consumers.
| 6 Nov 2014
Dairy Crest is to sell its dairies division - including the Frijj brand - to German giant Müller.
| 6 Nov 2014
Dairy Crest today (6 November) reported a drop in half-year profits due in part to losses from its dairies arm - a business it has agreed to sell to German giant Müller.
| 16 Oct 2014
Dairy Crest has unveiled plans to invest GBP4m (US$6.4m) in establishing a food innovation hub in partnership with Harper Adams University.
| 22 Sep 2014
Dairy Crest is preparing to close two dairy facilities and cut its farmgate milk price as it looks to rein in costs amid "challenging" market conditions.
| 17 Sep 2014
Dairy Crest has appointed Stephen Alexander chairman after Anthony Fry's illness led him to step down from the UK dairy group.
| 21 Jul 2014
This week, Lindt & Sprungli announced it was stepping up its presence in the US with the acquisition of Russell Stover Candies. Hain Celestial bought the remaining share of the Hain Pure Protein joint venture and Grupo Bimbo revealed its plan to grow its presence in Ecuador with the acquisition of Supan. Elsewhere Mondelez announced it was splitting its cheese and grocery unit from the rest of the business. Here is the week in quotes.
- Briefing: How is gluten-free faring in Europe?
- Happy Family CEO on baby and beyond
- Campbell Soup Co.'s M&A plans should avoid fresh
- BRICs and beyond: Kam Tai's Chinese growth story
- Mead Johnson wrestles "irrational" Chinese market
- Post, TreeHouse "in talks over ConAgra own-label"
- Lactalis surpasses Danone on dairy league table
- Mondelez Mexico investment to hit 600 US jobs
- Brownes Dairy owner Archer Capital "eyes sale"
- Lindt adds Hello Bites to US portfolio