New Zealand dairy giant Fonterra has joined with the Australian science agency, the Commonwealth Scientific and Industrial Research Organisa...
Arla Foods is wise to invest in its whey protein production capacity. However, the company is far from alone in pursuing this strategy, with...
New Zealand dairy giant Fonterra and Chinese baby food maker Beingmate are to form a joint venture to try to capitalise on the exponential g...
Strategically, Dairy Crest's deals with fellow UK dairy group Fayrefield Foods and New Zealand dairy giant Fonterra to serve the global infa...
New Zealand dairy giant Fonterra has increased its focus on emerging economies as the battle among global dairy companies for a share of high-growth markets in Asia, the Middle East and Latin America intensifies. This strategy has proven fruitful, with emerging markets making a sizeable contribution to group revenues and offering scope for future growth. just-food's Jonathan Dyson spoke to Fonterra CFO Jonathan Mason in Auckland yesterday (27 March) about how the world's leading dairy exporter plans to exploit this opportunity.
How to source palm oil is vexing the minds of many in the food industry. Growing consumer awareness of the links between palm oil, deforestation, the threat to wildlife and products on supermarket shelves is encouraging manufacturers and retailers to look for sustainable sources. However, only a few have grasped the nettle and, as Adam Harrison, senior food and agriculture officer for the WWF tells Dean Best, the industry needs to do much, much more - and quickly.
New Zealand dairy giant Fonterra today (9 September) it now expects annual operating profit to come in at the lower end of its forecast amid falling dairy commodity prices.
Danone this week said Franck Riboud will step down as CEO after 18 years leading the French food giant. Across the Channel, the UK government announced plans for a food crime unit to tackle fraud. In emerging markets, Lactalis struck a deal to buy dairy assets from Brazil's BRF, while Egyptian snack group Bisco Misr said Kellogg had expressed an interest in buying the business.
Danone CEO Franck Riboud surprised this market this week with his decision to step down from the role after 18 years. Elsewhere, a report into the UK food supply chain was published, while KP Snacks announced it is mulling the closure of two of its UK plants.
Franck Riboud is to step down as CEO of Danone after 18 years at the helm of the French food giant. just-food takes a look at the highs and lows of Riboud's tenure.
This week, the EU announced more measures to help out dairy farmers hit by the Russia ban. Chiquita and Fyffes insisted again a merger between the two would be the best outcome for shareholders. Our latest just-food interview saw us discuss Agropur's M&A strategy with the Canadian dairy co-op's CEO, while we chatted to Scandinavian free-from firm Fria about its expansion across Europe.
The true impact of the Fonterra milk scare and the subsequent recall looks like it is surfacing, after Danone's subsidiary Nutricia announced a supply shortage in Australia and New Zealand.
It's been a tough last year for Fonterra and the repurcussions don't appear to have stopped. The firm reported a 53% loss in profits for the first six months of its financial year yesterday attributing the losses to margins being squeezed by higher commodity prices.
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