WORLD NEWS
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Friesland Campina full year revenues rise 3.2% driven by recovering demand in Europe
NETHERLANDS – Dutch multinational dairy cooperative Friesland Campina has reported strong fiscal year 2021 results with net sales for the group’s food and beverage division…
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Fonterra suspends shipments to Russia, enters new partnerships to expands global dairy platform
RUSSIA – New Zealand multinational dairy cooperative Fonterra has suspended shipments of its products to Russia following the federation’s decision to conduct a “special military…
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Danone backs US meal-delivery firm Splendid Spoon, closes Ukrainian factory as war intensifies
US – French multinational food corporation Danone has invested in US meal-delivery firm Splendid Spoon in a Series B funding round led by Sweden-based investment…
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US Department of Agriculture injects US$80m into dairy industry to support long-term resilience
USA – The U.S. Department of Agriculture (USDA) is injecting an additional US$80 million into the dairy industry in an effort to build capacity and…
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Pernod Ricard expands wine portfolio with acquisition of French vineyard Château Sainte Marguerite
FRANCE – Pernod Ricard, the No.2 worldwide producer of wines and spirits, has added expanded its wine portfolio following the acquisition of a majority stake…