Dairy UK’s 2017 report reveals that the demand for dairy has increased globally with an upward trend in both production and prices of milk.
US-based company Hungry Marketplace has secured $2.7m in seed funding, which will be invested to expand its reach in Columbia, US.
Indian dairy product manufacturer Heritage Foods has reached an agreement with Future Retail to sell its retail and allied businesses to the latter.
Kanemi has agreed to acquire the food manufacturing business from two Japan-based plants of Nagai.
Nutrano has completed the acquisition of Seven Fields and Abbotsleigh Group for undisclosed considerations.
POS Bio-Sciences and Aperion Lanka have formed a partnership to develop an essential oil manufacturing facility in Sri Lanka.
Inner Mongolia Yili Industrial Group has announced that it will acquire a 37% stake in China Shengmu Organic Milk.
French company Bel Group and the MOM Group’s management team have signed an agreement with LBO France to acquire the MOM Group.
Canada-based bioprocessing firm POS Bio-Sciences has partnered with Apeiron Lanka to develop a manufacturing facility in Sri Lanka to extract pure essential oil.
India-based Motilal Oswal Private Equity (MOPE) has invested Rs1.1bn ($164m) in Dairy Classic Ice Creams to acquire a minority stake.