Blog: Dairy consolidation will happen - but between whom?
Dean Best | 7 September 2007
So yet more consolidation looks likely in the European dairy sector.
German dairy group Nordmilch is keen on teaming up with its peers, particularly in cheese. The company joins a lengthening list of dairy firms either seeking partnerships or those that have already jumped into bed together.
A couple of weeks ago, cheese producers Emmi and Ambrosi joined forces in France, where Sodiaal has also teamed up with Entremont Alliance and formed a cheese venture with Bongrain.
Dairy processors are joining forces in the wake of reform of the EU dairy sector – which has helped to push up prices – and rising dairy costs globally.
The dairy sector remains fragmented; according to Euromonitor, the world’s top 12 dairy companies account for just over a fifth of global retail milk sales.
Some industry watchers, including Tetra Pak CEO Dennis Jönsson, believe consolidation in the dairy sector will happen. The signs are it is already beginning to take shape.
Just where do you think dairy consolidation will happen? And who will be involved?
Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...
The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- UK's Bakkavor plays down IPO "speculation"
- Mondelez sells Vegemite to Bega
- Kellogg to slash 250 jobs