Australia’s Brownes Dairy put up for sale
Australia's Brownes Dairy has been put up for sale, the restructuring advisory firm hired to oversee the process has confirmed.…
Mengniu Dairy
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China Mengniu Dairy issues profit warning amid revenue and impairment challenges
China Mengniu Dairy has issued a profit warning for 2024, pointing to falling sales and impairments on business units. The…
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China Mengniu Dairy vice chair leaves business
Jeffrey Minfang Lu, the vice chairman and former CEO of China Mengniu Dairy, has stepped down. Lu has also resigned…
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Mengniu names new CEO, posts mixed 2023 results
China Mengniu Dairy has promoted Gao Fei to CEO, a move announced alongside a set of mixed 2023 financial figures.…
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Mengniu to add to China ice-cream production
Mengniu is building an ice-cream factory in central China in a bid to shorten its supply chains in what is…
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China’s appetite for cheese shows little sign of slowing
China is eating more cheese than ever. The country’s cheese market size reached just over US$1bn in 2021 and is…
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Revealed: the food manufacturers leading the way in e-commerce
Arla Foods and Fonterra are among the companies best positioned to take advantage of future e-commerce disruption in the food…
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Danone re-buys China infant-formula firm Dumex as Mengniu tie-ups end
Danone is to acquire Dumex, the China infant-formula supplier, six years after selling the business, as part of a clutch…
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Danone reaps EUR1.61bn from China Mengniu Dairy stake sale
The French dairy giant said back in March it had reached an agreement with Mengniu's largest shareholder, state-owned dairy firm…
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How to nurture China’s growing interest in cheese
Demand for cheese in China is on the rise and the forecasts for growth are bullish but there remain barriers…
