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.
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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