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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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31% Increase in Food Safety Enforcement Orders in 2013

[caption id="attachment_3390" align="alignleft" width="289"] Food Safety[/caption] The Food Safety Authority of Ireland (FSAI) today stated that there were a total of 143 Enforcement Orders served for breaches in food safety legislation in 2013 compared with 109 in 2012, an increase of 31% - making last year the highest to date for the number of Enforcement Orders issued. The FSAI today re-emphasised that i ...

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