The Irish Dairy Board
From a "sleeping giant" losing money to a "sustainable, good business", Adams Foods CEO Ian Toal says the UK arm of The Irish Dairy Board has made significant progress since he joined the business in 2011. What has driven the business? And how does it plan to grow further? Dean Best met Toal to find out.
European dairy processor Arla Foods had a bumper 2012, with sales and profits up. And its operations in emerging markets played a part in boosting its top and bottom lines. Dean Best spoke with Arla CFO Frederik Lotz about the company's ambitions in emerging markets as it battles stiff competition for rising dairy consumption in markets like China from its European peers.
Dairy co-op The Irish Dairy Board is set to change its name to Ornua, a phrase derived from the meaning for "new gold" in Irish.
Glanbia has launched Avonmore UHT milk in China as the company starts exporting from a new, dedicated plant in Ireland.
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.
The Irish Dairy Board is to launch a liquid milk product into China under its Kerrygold brand.
Adams Foods, the UK arm of The Irish Dairy Board, has seen sales jump around 40% in the last three years. The company's recent deal to market cheese for UK dairy co-op First Milk has helped drive that gain - but it has enjoyed organic growth, too. In an excerpt from an interview with just-food, hear Adams Foods CEO Ian Toal discuss the importance of innovation to the business.
The Irish Dairy Board is to spend EUR30m on butter production and R&D at a site in its domestic market.
Higher sales from consumer foods and from ingredients have helped annual profits increase at The Irish Dairy Board.
The Irish Dairy Board has signalled a new refinancing deal could allow the co-operative to make acquisitions.
Adams Foods has claimed it is set to "transform" the UK's grated cheese category with the launch of cubes of cheddar it claims melt on dishes more evenly.
The Irish Dairy Board is looking to further expand in the Middle East and north Africa through fresh investment in Saudi Arabia, including setting up a new plant.
The Irish Dairy Board (IDB) is to invest EUR10.5m (US$13.8m) in new facilities in Germany in a bid to drive growth in the country post milk quotas.
Adams Foods has moved its Mu cheese brand into the milkshake category with a launch in Tesco.
The Irish Dairy Board saw profits increase in 2012 on the back of higher revenue boosted by a 7% increase in branded sales volumes.
FrieslandCampina has booked higher sales and profits as the Dutch dairy giant benefited from an increased focus on infant nutrition and branded cheese.
The Irish Dairy Board has launched a sweet cheddar cheese, Kerrygold Skellig, into supermarkets and speciality stores in the US.
John Moloney, managing director at Glanbia, is to also take a seat on the board of fellow Irish food group Greencore.
Irish co-op The Irish Dairy Board is to supply own-label butter to Tesco stores in four markets in central and eastern Europe.
A busy but fruitful week for just-food was dominated by the SIAL trade expo in Paris, where thousands of international manufacturers gathered to showcase products and discuss the challenges and opportunities facing them. Elsewhere, the UK unveiled plans to introduce a hybrid nutrition labelling system, Premier Foods plc pledged to "unlock value" from its bread division and French retailers Carrefour and Casino found their international operations in the spotlight.
This week, just-food attended the SIAL food and drink exhibition in Paris where the team caught up food manufacturers including Genius Foods, Dare Foods, The Irish Dairy Board, as well as the Irish Prime Minister. Outside of Paris, the UK government revealed plans to adopt a hybrid approach to front-of-pack (FOP) nutritional labelling.
The Irish Dairy Board (IDB) has bought UK cheese ingredients firm The Cheese Warehouse for an undisclosed sum.
Danone has taken a majority stake in Moroccan dairy firm Centrale Laitière.
Cheese maker Adams Foods has moved the timing of its television advert for Pilgrim's Choice cheese after it received 35 complaints to the UK's advertising watchdog.
FrieslandCampina has said its acquisition of The Irish Dairy Board's Belgian cheese packing operation is an "important" purchase for the company as it looks to expand its position in the sector.
The Irish Dairy Board (IDB) is to sell its Belgian continental cheese packing operation to FrieslandCampina.
The Irish Dairy Board booked rising sales and profits during 2011 thanks to the strong growth witnessed at its Kerrygold brand.
The Irish Dairy Board, the co-operative behind cheese and butter brand Kerrygold, has secured a fresh loan of EUR100m (US$131.7m) to fund its expansion.
Cheese maker Adams Foods will close its packing facility in the UK town of Wincanton, with the loss of 130 jobs.
Timed to coincide with the end of EU quotas on dairy production today (31 March), Irish co-operative The Irish Dairy Board has published the logo for its new corporate name, Ornua.
With emerging markets becoming a central focus for many food companies, there is growing interest in the Middle East and Africa - and this week we are at the Gulfood expo in Dubai to speak to those building their business in the region.
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