Müller is one step closer to concluding its deal with Dairy Crest, following the Competition and Markets Authority’s (CMA’s) announcement that it agrees with Müller’s proposals for alleviating anti-competition concerns.
The UK government should provide dairy farmers with similar support and financial backing given by its French counterpart to help secure sustainable milk supplies and fight against the “bleak future” it faces, according to the National Farmers Union (NFU).
Dairy Crests’ four key brands will “see strong growth” in the remainder of this year, according to an interim management statement covering the three months to June 30, posted ahead of yesterday’s annual general meeting (AGM).
Dairy Crest’s boss Mark Allen has been branded a “fat cat” and a “hypocrite” by Unite, after the union claimed he was set to receive a £1.2M bonus in a proposed takeover deal.
Müller’s £80M buyout of Dairy Crest could be completed by the end of this year, after the German firm offered to supply fresh milk to a third-party processor to appease competition fears.
The creation of a new md role for Burton’s Biscuit Company’s UK & Ireland business leads our latest selection of people on the move in the food and drink industry.
Recent media coverage about historical iodine levels in organic milk (according to Dairy UK, feed is now supplemented) was a reminder that milk and dairy foods provide about 40% of dietary iodine, another major source is seafood.
Fortified milk could help to boost the value of milk sales, despite supermarket price war slashing the price of the white stuff to as little as 89p for a four pint bottle, according to new research from market research organisation Mintel.
Consumers deserve the right to know the cheese and milk they buy is British, farm minister George Eustice will tell fellow agriculture ministers in Brussels today (June 16).
Big supermarkets may have influenced the Competition and Markets Authority’s (CMA’s) decision to deepen its probe into the proposed merger of Dairy Crest Group’s Dairies Division with Müller-Wiseman, according to leading City analyst Shore Capital.
Graham’s The Family Dairy is pumping £1M into production facilities at its Aithrey Kerse Farm at Bridge of Allan in Scotland to boost spreadable butter capabilities and increase flexibility.
Breakfast cereal manufacturers and frozen pizza suppliers have access to cartoning technology that can slash changeover times and maintain consistently high yields, courtesy of Bosch Packaging Technology.
Dairy Crest’s plan to sell its dairies to Müller UK & Ireland is to be probed by the UK Competition and Markets Authority (CMA), after the £80M deal was referred by the EU.
Glanbia Ingredients has pumped more than €200M into its dairy processing capabilities across Ireland in preparation for the abolition of milk quotas at the end of this month (March).
Britain's dairy producers are optimistic about their prospects for the future, despite the pain now being suffered by low milk prices, a survey of the sector has revealed.
First Milk has “stabilised” its finances and is on track to recover from the cash flow problems that emerged earlier this year, according to chairman Sir Jim Paice.
Morrisons’ price cuts, announced last month, are the latest round in its strategy to become more competitive by investing £1bn in price reductions over three years.
The Dairy All-Party Parliamentary Group’s (APPG’s) report, launched on March 3, “looks through short-term gloom to the long term potential” of the industry, MP George Eustice has claimed.
Turbulent dairy markets hit profit margins at Glanbia Ingredients Ireland (GII) in the past year, although sales continued to grow and the development of a major milk processing venture remained on track.
Milk suppliers have complained of retailer abuse to Groceries Code Adjudicator Christine Tacon, according to a letter sent to Scotland’s rural affairs, food and environment secretary Richard Lochhead.
Milk sales plunged by £22M over Christmas, despite rising volumes sold in the period, reflecting competition among retailers to keep prices down, according to market analyst IRI.
A dairy working group has been formed to tackle all aspects of milk contracts following the emergency roundtable convened on February 11 to address the industry’s woes.
Dairy UK has launched a manifesto setting out what the dairy industry expects of the main political parties as they prepare to fight the forthcoming general election in May.
New tools to manage the volatility of UK milk prices are likely to emerge from the current turmoil suffered by the sector, according to the boss of Europe’s largest mozzarella cheese manufacturer Glanbia Cheese.
That was the food industry week that was – good for some and bad for others. In our sideways look at the past seven days, we chart the firms with something to celebrate and those that may prefer to forget the week.
Dairy Crest will reap big rewards from its spreads business, Shore Capital analyst Darren Shirley claims, raising his profit forecast for the division by £26M as he covered its interim management statement.
Groceries code adjudicator (GCA) Christine Tacon should be able to enforce her decisions with fines and have her remit extended, according to Prime Minister David Cameron.
Lakeland Dairies has acquired Taste Trends, a frozen yogurt business based in Surrey, and plans to invest to grow the company under its existing management team.
The National Farmers Union (NFU) is planning urgent talks with First Milk after the farmer cooperative proposed to crank up its members’ costs at a time when the dairy industry is under severe financial pressure.
Dairy companies will be able to manufacture high-quality speciality cheeses without fresh milk by using a new recombining solution from Arla Foods Ingredients.
Dairy giant Arla’s decision to cut the price of milk paid to producers has prompted an angry reaction from the National Farmers Union (NFU) and a plea to buy British dairy products over the Christmas period.
