Keytone Dairy has secured a deal to acquire Australian UHT drinks manufacturer Omniblend for AUD22.6m ($15.5m) as it targets growth in China. Read more
Fonterra has announced plans to close a facility in Australia and may sell its stake in the Dairy Partners Americas Brazil joint venture with Nestlé. Read more
Fonterra has agreed to offload its New Zealand ice cream business Tip Top to UK-based Froneri in a deal worth NZD 380m ($250.2m). Read more
Kirin’s Australasian unit Lion has acquired New Zealand brand Teza Iced Teas in a move to grow its non-alcoholic beverage portfolio. Read more
Fonterra recorded net profit after tax of $54.7m in the six months to 31 January, following its first ever annual loss last year. Read more
Westland Milk Products has signed an agreement to sell the co-operative to a subsidiary of China’s Yili for NZD588m ($403m). Read more
Fonterra has announced the permanent appointment of Miles Hurrell as its chief executive officer, with immediate effect. Read more
Nestlé has acquired the rights to a novel technology that will enable it to address one of the world’s most widespread nutritional deficiencies: iron. Read more
New Zealand dairy cooperative Fonterra has announced the death of John Wilson, who was chairman until last July, after a battle with illness. Read more
Fonterra is selling its Farm Source livestock division to rural services company Carrfields, a move which forms part of a major financial review. Read more
© FoodBev Media Ltd 2019
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