Murray Goulburn Co-operative - food industry company news 
AUS: Dairy firm Warrnambool forecasts 80% profit drop
18 April 2013
Australian dairy Warrnambool Cheese and Butter Factory said it expects an 80% drop in its annual profits amid "subdued" commodity costs and a high Australian dollar.
Quote, unquote: just-food's week in words
15 April 2013
UK-based R&R Ice Cream last week snapped up local rival Fredericks Dairies, a deal its CEO told us will help it compete better with Unilever. We spoke to M&A analysts about the potential sale of Burton's Biscuit Co. and to the chairman of Canada's Dare Foods about his expansion plans. In Europe, the sector was rocked by fresh horsemeat revelations, including news an Asda product contained the veterinary drug phenylbutazone.
AUS: Murray Goulburn, Norco to supply milk to Coles
10 April 2013
Australian supermarket group Coles has signed contracts with two dairy farmer co-operatives, which the retailer says is a "major win" for farmers.
AUS: Murray Goulburn ups UHT milk production to meet Asian demand
4 April 2013
Australian dairy processor Murray Goulburn is to boost production of UHT milk in a bid to meet demand in Asia.
AUS: Murray Goulburn "pleased" after year of "transformation"
27 September 2012
Murray Goulburn has said it is "pleased" with the Australian dairy group's performance in a year of "transformation" when costs from a revamp of the business halved profits.
AUS: Mitsubishi buys into Tasmanian Dairy Products
21 June 2012
Japanese conglomerate Mitsubishi has invested in Australian dairy ingredients supplier Tasmanian Dairy Products.
Quote, unquote: just-food's week in words
14 May 2012
Sainsbury's chief executive Justin King this week welcomed moves from its UK retail rivals to invest in product quality and service after the retailer reported an increase in annual underlying profits.
Editor's choice: the highlights on just-food this week
14 May 2012
Dubbed 'The Outperformer' by one set of City analysts, Sainsbury's announced annual profits that beat forecasts last week and the UK retailer remains confident in the face of increased competition. The UK grocery industry was in the spotlight last week, with the country's Government formally announcing its introduce a watchdog to monitor the sector. Elsewhere, CSM, a supplier of bakery products to retailers in North America and Europe, said it would exit the sector and focus on bioplastics.
AUS: Murray Goulburn to cut jobs on milk price drop
11 May 2012
Australian dairy processor Murray Goulburn has pointed to a fall in global milk prices for its decision to cut over 300 jobs.
AUS: Milk output fall leads Murray Goulburn to cut jobs
8 March 2012
Australian dairy giant Murray Goulburn has announced a raft of job cuts to its Victoria operations in a bid to cut costs.
SWEDEN/NZ: Arla joins GlobalDairyTrade auction site
14 December 2011
Arla Foods is to become the latest dairy processor to sell products on GlobalDairyTrade, the auction platform for dairy commodities set up by rival dairy company Fonterra.
AUS/NZ: Murray Goulburn joins Fonterra's GlobalDairyTrade site
1 December 2011
Australian dairy co-op Murray Goulburn has today (1 December) confirmed that it will sell lactose on Fonterra's commodity auction platform GlobalDairyTrade.
AUS: Murray Goulburn invests in Tasmania dairy JV
8 September 2011
Australian dairy co-op Murray Goulburn has taken a majority stake in a new venture in Tasmania.
AUS: Danone, Murray Goulburn launch Activia in Australia
17 May 2011
French dairy giant Danone, through its joint venture with dairy co-op Murray Goulburn, has announced the Australian launch of its Activia yoghurt brand.
AUS: Bega Cheese buys 15% of rival dairy firm Warrnambool
10 November 2010
Australian dairy firm Bega Cheese has snapped up a 15% stake in local rival Warrnambool Cheese and Butter Factory (WCB).
AUS: Murray Goulburn MD O'Rourke to quit
8 November 2010
The managing director of Australian dairy co-operative Murray Goulburn is to quit after over a decade in the role.
Best bits: Food companies looking to score overseas
14 June 2010
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.
On the money: Saputo eye remains on Australian market
10 June 2010
Canadian dairy group Saputo said it remains ready for another acquisition, with the Australia market still on its radar screen.
AUS: Woolworths shakes up milk supply
8 June 2010
Woolworths Ltd, Australia's largest retailer, has shaken up its milk supply and decided to award its own-label contracts to more than one supplier.
UPDATE: AUS: WCB “welcomes” end to Murray Goulburn pursuit
2 June 2010
Warrnambool Cheese and Butter Factory today (2 June) “welcomed” the news that dairy co-operative Murray Goulburn has dropped its hostile attempt to buy the business.
AUS: Murray Goulburn withdraws WCB bid
2 June 2010
Australian dairy group Murray Goulburn has withdrawn its hostile merger bid for smaller rival Warrnambool Cheese and Butter Factory.
Quote, unquote: just-food's week in words
21 May 2010
President Sarkozy this week brokered an agreement with France's largest retailers to exercise restraint on margins to support the country's produce sector. Meanwhile, one of France's food giants, Danone, announced its first foray into Australia - and sent a warning to the country's domestic dairy groups. Here is the best of who said what this week.
Top stories on just-food this week
21 May 2010
Aside from our relaunch, this week's top stories focused on overseas investment by some of the biggest players in the food sector.
UPDATE: FRANCE: Faith in brands drives Danone's Oz confidence
17 May 2010
Danone has sent a warning to the likes of Fonterra and Parmalat that the French food giant will use its "expertise" in brands to gain a foothold in Australia's dairy sector.
AUS/FRANCE: Danone, Murray Goulburn in dairy JV
17 May 2010
French food giant Danone is to enter the Australian market through a dairy products venture with local milk co-op Murray Goulburn.
Best bits: Value-added key question for dairy giants
17 May 2010
The challenges facing US dairy giant Dean Foods, highlighted last week when the company posted a drop in earnings, announced job cuts and scrapped its profit forecast, have lessons for those in the dairy sector the world over.
just the facts – Australia's fresh dairy products sector
17 May 2010
French food giant Danone today (17 May) announced it is to enter the Australian market through a dairy products venture with local milk co-op Murray Goulburn.
AUS: ACCC likely to oppose Murray Goulburn's WCB takeover
22 April 2010
Australia's competition watchdog has voiced concerns over Murray Goulburn's proposed acquisition of Warrnambool Cheese and Butter Factory.
Quote, unquote: just-food's week in words
1 April 2010
In the run-up to Easter, chocolate fittingly grabbed the headlines, with Supervalu Inc accusing some of the biggest manufacturers of fixing prices in the US. Meanwhile, Barry Callebaut, the world's largest B2B chocolate maker, believes it will benefit from more outsourcing of production in the sector. And another ingredients giant, France's Tereos, sees the world's as its oyster after the creation of a dedicated overseas unit. Here is a snapshot of who said what on the top food news stories this week.
AUS: WCB slams Murray Goulburn takeover rationale
1 April 2010
The battle over Australian dairy firm Warrnambool Cheese and Butter Factory has been turned up a notch with the company writing to investors to warn them of the "myth and little substance" of claims from suitor Murray Goulburn.
