Murray Goulburn Co-operative
Embattled Australian milk processor Murray Goulburn reported its full-year results this week. The company, which part-listed on the Australi...
Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it...
Two of the bidders for Warrnambool Cheese and Butter Factory have this week made fresh offers for the Australian dairy. The focus now moves to the third suitor - Canadian dairy giant Saputo, which has long coveted an entry into the market and is eyeing the business as a way into Asia.
The battle to acquire Warrnambool Cheese and Butter Factory has evolved into a complex series of tactical manoeuvres that could make Sun Tzu's The Art of War seem like light reading. Since the first takeover approach was announced, the tussle for WCB has seen industry majors Saputo, Murray Goulburn and Bega Cheese competing for ownership of the Australian dairy. With the stakes high, it is clear that it is all still to play for. Katy Askew reports.
As football lovers waited for the start of the World Cup in South Africa last week, a clutch of leading food companies set out their stall for overseas success.
Canadian dairy group Saputo said it remains ready for another acquisition, with the Australia market still on its radar screen.
Australian dairy cooperative Murray Goulburn has announced the appointment of John Spark as chairman.
Commenting on topics as diverse as sugar reduction, job cuts and M&A, here is a summary of the food industry's week in its own words.
Australian dairy processor Murray Goulburn has declined to comment on reports it is preparing to close up to four of its processing plants, but has confirmed that a "review of its assets and distribution network" is under way.
Murray Goulburn, the embattled Australian dairy processor, ran up a loss of AUD32m in the first six months of its financial year, hit by lower sales from both sides of its business.
Murray Goulburn, the Australian dairy cooperative, has appointed Ari Mervis, an executive who has worked in the beer and soft drink industries for over 20 years, as its new CEO and managing director.
Murray Goulburn's interim CEO, David Mallinson, has said the Australian dairy group is still looking to invest in infant formula production despite regulatory changes in China leading to the plug being pulled on plans to work with Mead Johnson on selling into Asia.
US infant formula producer Mead Johnson and Australian dairy group Murray Goulburn have pulled the plug on their plans to work together in Asia Pacific.
Murray Goulburn has announced the resignation of COO Fiona Smith, with the Australian dairy cooperative deciding not to look for a replacement.
Embattled Australian dairy processor Murray Goulburn has lowered its expectations for its full-year profits after cutting its forecast milk intake for the period.
Murray Goulburn, the Australian dairy group, has said it is weighing up its plans to build a nutritional powders plant at its site in Koroit in the south-east of the country.
A new brand of Australian milk that guarantees a fixed-price contribution from every bottle sold is paid into the Victorian Farmers Federation's (VFF) new Farmers' Fund goes on sale at Coles supermarkets in the state this week.
Embattled Australian dairy processor Murray Goulburn today (24 August) booked a jump in annual profits, despite a difficult 12 months that saw the company cut payments to its farmer-owners, issue a series of profit warnings and announce the departures of its MD and CFO.
Murray Goulburn has lost contracts to supply cheese, UHT milk, adult milk powder and cream to Woolworths Ltd, Australia's largest grocer.
Murray Goulburn today (10 June) appointed Alan Tilley as interim chief financial officer to join the troubled Australian dairy cooperative's executive leadership team.
Struggling Australian dairy cooperative Murray Goulburn has announced a number of changes to its leadership team, including the appointment of Fiona Smith as chief operating officer, following a series of profit warnings issued by the group.
Murray Goulburn, the Australian dairy cooperative partially listed on the ASX, is facing a class action lawsuit following this week's profit warning over allegations that it "mislead" the market with "overly optimistic" profit expectations.
Dairy cooperative Murray Goulburn, which is partially listed on the Australian stock exchange, again lowered its profit forecast today (27 April) amid "very low" commodity prices and concerns over trading in China.
Murray Goulburn MD Gary Helou and CFO Brad Hingle are to step down from the Australian dairy co-operative, the company announced today (27 April), alongside a profit warning and a move to cut the price it pays farmers for milk.
Murray Goulburn has placed a trading halt on shares as the Australian dairy co-operative weighs up the impact of market conditions on its forecasts for the 2015/2016 financial year.
China has looked again at recent changes to e-commerce regulations that had initially penalised UHT and adult milk powder producers, Australian companies Murray Goulburn and Freedom Foods Group, two of the companies affected, have announced.
Shares in Australian food companies have taken a hit today (12 April) as the market reacted to new regulations in China on food imports.
Murray Goulburn, the Australia-based dairy co-operative, has struck a deal to supply US infant formula manufacturer Mead Johnson with nutritional powders.
Murray Goulburn has announced a new "long-term" deal to supply Indonesian nutritional product maker Kalbe with dairy powders for use in products including infant lines.
Australia-based dairy group Murray Goulburn is launching Devondale Natra Start infant formula in Australia next month before it takes the brand to China.
just-food is closed on Monday (29 August) for a public holiday but, while we down tools, catch up on some must-read insight and interviews.
Talking with our readers, a common problem among them is their battle to keep tabs on the changes to regulations in China. And the recent moves Beijing has made to revamp its rules around e-commerce have brought that concern into sharp relief.
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