Coca-Cola moved to buy 40% of Nigerias Chi

Coca-Cola moved to buy 40% of Nigeria's Chi

Coca-Cola continued to demonstrate its growing interest in the dairy sector this week, with an investment in a business in Nigeria. Staying in dairy, Arla Foods, looking to accelerate its growth, announced plans to create "an organisation fit for the future" and said 500 jobs would go, while Lactalis and Emmi made more acquisitions. Mondelez International, meanwhile, published its annual results and set out sales and margin targets - then watched its shares fall.

Coca-Cola to invest in Nigerian dairy group Chi

Coca-Cola Co. is to buy a minority stake in Nigerian dairy and soft drinks business Chi.

Arla to cut jobs as dairy giant reshapes in bid for growth

Arla Foods today (5 February) announced plans to cut 500 jobs as part of changes the European dairy co-operative hopes will help it to grow amid "fierce" competition.

Mondelez International's 2015 results and outlook for 2016 - 7 things to learn

Mondelez International's shares took a tumble on Wednesday (3 February) on the back of its 2015 numbers and its forecasts for 2016 - and were down again today. Chairman and CEO Irene Rosenfeld called the last 12 months "a year of very strong results" and, although conceding volumes would again be under pressure, forecast further improvement in profitability. What should we take away from the figures and from its outlook for the months ahead?

China eyes further infant formula restrictions

Infant formula manufacturers selling their products in China could see a tightening of restrictions under new proposals submitted to the World Trade Organization, limiting manufacturers to selling three brands.

Emmi acquires stake in Dutch goat's milk group Bettinehoeve

Swiss dairy group Emmi is taking a 60% stake in Dutch goat's milk processor Bettinehoeve.

Unilever launches eggless Hellmann's mayonnaise in US

Unilever has launched a version of its Hellmann's mayonnaise in the US that contains no eggs, creating a close competitor to fast-growing upstart Just Mayo.

Lactalis invests in Georgian dairy Sante

Lactalis has become a shareholder in Sante, a dairy company in the former Soviet republic of Georgia.

Hain Celestial confident but cognisant of domestic challenges - comment

Irwin Simon, the founder, president and CEO of Hain Celestial, often comes across as one of the more forthright chief executives in the US food industry, with a firm belief in his company and its prospects. With Hain Celestial's domestic business facing challenges and investor scrutiny intensifying, Simon this week set out how the company will improve its performance in the US and why he believes the group can thrive amid increasing competition - but there were signs he acknowledges the need to adapt to meet the challenge.

Chobani must drop ads targeting General Mills and Danone

Chobani has been ordered to suspend a marketing campaign highlighting the artificial ingredients in General Mills and Danone yoghurts in the US.

Americana majority shareholder to sell to Dubai-based investors Adeptio

Kuwait Food Co. has reached an agreement to sell a 69% stake in the business to a Dubai-based investor group, Adeptio, led by Emaar Properties chairman Mohamed Alabbar.