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FrieslandCampina

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For US and European companies exporting products to Russia, the operating environment has been challenging to say the least. Recent comments from Moscow would suggest that the going could get tougher for multinationals who operate local subsidiaries in the country as well, Katy Askew suggests.

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The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stefan Kirk asks, the Swiss group's shareholders consider a liquidity event that would make them a participant in European dairy consolidation, plus earn them lots of money?

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FrieslandCampina made two announcements last week that it was re-jigging its European operations, demonstrating it was well on its way to right-sizing its business. This week it announced it had struck a deal to grow its presence in China's infant formula market. Given the country is in the midst of lifting its one-child policy, this latest move from the Dutch dairy giant could prove fundamental to its growth, fast-tracking it to hitting its route2020 targets. Hannah Abdulla explores.

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FrieslandCampina this week made two major announcements in Europe, with a plan to close a plant in Belgium but also deals to buy two Italian cheese firms. The Dutch dairy giant has, like many of its peers, struggled for growth in Europe and is busy looking to right-size its business in the region for the future.

FrieslandCampina has had a presence in the Middle East for over 50 years with its condensed and powdered milk products. Regional director Maurits Klavert says the market, despite it making a small contribution to the Dutch dairy giant's pot, has huge potential, which the co-operative is looking to exploit in a big way with a launch into cheese. Hannah Abdulla learns more.

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With stagnant sales in Europe, the Russian embargo and softer-than-normal demand in China, it has been a challenging year for dairy processors. Dean Best met Cees Ruijgrok, the head of FrieslandCampina's export business, at the SIAL trade show in Paris to take the temperature of the sector.

FrieslandCampina has entered the sports nutrition market, launching a range of drinks, bars and shakes.

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China Huishan Dairy Holdings, which last week saw its shares slump by 85% amid speculation its chairman and majority shareholder had misappropriated funds, has provided an update on its financial position, revealing it had met with its creditors after missing interest payments.

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New Zealand's A2 Milk Co. has become an investor in Synlait Milk, one of its suppliers of infant formula, after buying shares in the business from Dutch dairy giant FrieslandCampina.

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FrieslandCampina managed to grow its profits in 2016, a year the Dutch dairy giant described as "turbulent" and one in which the company saw its sales fall.

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The CEO of Dutch dairy giant FrieslandCampina, Roelof Joosten, has held talks with Pakistan's Prime Minister Nawaz Sharif about "possible opportunities" to jointly develop the country's dairy industry.

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Nestle, PepsiCo, Unilever and Kellogg are among the companies to have signed up to a global initiative aimed at improving food sourcing, reducing waste and supporting "adjustments" in food production methods to promote "healthy and sustainable diets".

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FrieslandCampina, the Netherlands-based dairy group, is looking to expand the geographical presence of infant formula brand Dutch Lady in China in 2017.

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FrieslandCampina has named its vice president of M&A, Hans Laarakker, as interim CEO of Engro Foods, the Pakistan dairy company in which the Dutch dairy giant has acquired a 51% majority stake.

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FrieslandCampina, the Dutch dairy giant, today (1 September) booked a fall in half-year profits as the co-operative felt the pressure on earnings from rising milk production.

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FrieslandCampina, the giant Dutch dairy business, has gained a position in central Asia with its acquisition of a majority stake in Engro Foods, Pakistan's second-biggest dairy company, in what is being described as a "defining moment" for the Pakistan dairy industry.

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FrieslandCampina has secured a loan worth EUR150m from the European Investment Bank, which the Dutch dairy giant said it would use to invest in research and development in the region.

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FrieslandCampina has appointed Frans Keurentjes as the new chairman of the European dairy group.

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Engro Foods, the Pakistan-based dairy company, has reported higher first-quarter profits, although sales came in lower year-on-year.

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European dairy group FrieslandCampina is funding "bold" action on sustainability by issuing new "green" promissory notes to fund moves to reduce its environment footprint worldwide.

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FrieslandCampina, the Dutch dairy group, is to axe 40 jobs across domestic sites in the towns of Lochem and Veghel sites as part of an efficiency drive.

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FrieslandCampina, the Dutch dairy group, is looking into buying a majority stake in Engro Foods, the Pakistan-based dairy company.

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FrieslandCampina, the Dutch dairy co-operative, increased its profits in 2015 amid lower input costs and moves to sell more "added-value" products.

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FrieslandCampina has launched a no-added colour range of cheeses in the Dutch market.

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FrieslandCampina has announced a partnership with US-based pharmaceutical group Glycosyn to produce ingredients for the infant nutrition market.

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This week, there was fresh speculation about the future of some of Mondelez International's confectionery assets in Europe, while, in the seafood sector, industry giant Thai Union Group canned its planned move for US company Bumble Bee Foods. Two companies - Brazilian meat behemoth BRF and Swiss dairy Emmi - did conclude deals. And Russia revealed the foods it was banning from Turkey.

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FrieslandCampina has announced plans to restructure production at three of its operating companies in a move that will cut 140 jobs in the Netherlands. 

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FrieslandCampina is opening a facility to produce infant nutrition ingredient galactooligosaccharides (Vivinal GOS) in Borculo in the Netherlands. 

FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant.

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Australian mining billionaire Gina Rinehart is reportedly looking to tap into rising demand in China for premium infant formula.