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FrieslandCampina Plans Joint Venture For Infant Milk Formula in China

Dutch dairy company Royal FrieslandCampina and China Huishan Dairy Holdings Company have entered into exclusive talks on creating a joint venture to produce, market and sell high-quality infant milk formula in the People’s Republic of China. The purpose of the joint venture is to operate a fully integrated infant milk formula supply chain. Huishan will provide its high-quality raw milk from its own dairy fa ...

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Danone raises its stake in China’s leading dairy company Mengniu

Danone today announced an agreement, together with COFCO Dairy Investments, to subscribe a reserved rights issue by China’s leading dairy company Mengniu, raising its interest in this company from 4.0% to 9.9% for an investment of €486 million[1] . The transaction makes Danone the second largest shareholder in Mengniu, and follows on from agreements signed on May 20, 2013 with Mengniu and with COFCO, China’ ...

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AK Gida Relies on OYSTAR Hassia

The dairy producer AK Gida, a subsidiary of Turkey’s largest food group, Ülker, is increasing its cream cheese production capacities. The company has purchased yet another THM 16/48 form, filling and sealing (FFS) machine manufactured by OYSTAR Hassia. Altogether, AK Gida markets more than 20 different dairy products, from cheese and butter to homogenized milk and powdered milk, all the way to yoghurt and p ...

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DANONE SETS TERMS FOR CONTINUED PARTNERSHIP WITH FONTERRA AND INITIATES LEGAL PROCEEDINGS

On August 2, 2013, Fonterra issued an alert concerning a possible contamination of certain ingredients supplied to Danone. Additional tests revealed later on that it was in fact a false alert. This affair illustrates serious failings on Fonterra’s part in applying the quality standards required in the food industry. Danone is terminating its existing supply contract with Fonterra and making any further coll ...

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