Dairy dominated this week’s headlines with Muller and PepsiCo pulling the plug on their US yoghurt venture, Coca-Cola lining up a deal to invest in a Brazilian dairy and Arla Foods outlined its strategy for the next five years. Elsewhere, Nordic food group Orkla moved to beef up its operations in central Europe with a deal to buy Czech Republic-based company Hamé.

Muller, PepsiCo exit US yoghurt JV
German dairy Muller and PepsiCo are ending their yoghurt joint venture in the US, Muller Quaker Dairy.

Coca-Cola eyes Brazil dairy entry with Verde Campo acquisition
Coca-Cola is in talks to buy Brazilian dairy player Laticínios Verde Campo in a move that would see the soft drinks giant enter the country’s dairy sector.

Orkla expands with Hamé acquisition 
Nordic food group Orkla is expanding its operations in central Europe with the EUR175m (US$191.7m) acquisition of Hamé, a branded consumer goods company with “leading” market positions in the region.

Arla details 2020 growth strategy 
Arla Foods has said it will focus on growing its business organically in eight dairy categories and six regions as it works to build the value of its raw milk supply over the next five years.

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Salad Signature sold to private-equity firm IK Invest
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Nestle faces more Maggi tests in India 
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