Consolidation

Murray Goulburn to restore struggling business after $293m FY17 revenue loss

Murray Goulburn has introduced a business restructuring plan to offset lowered milk intake.

Murray Goulburn Co-operative (MG) reported a 10% loss in revenue equivalent to AU$371m (US$293m) for the full year ending June 30, 2017, largely driven by a decline in fluid milk sales.

Dean Foods will phase out production at PET Dairy, a fluid milk processing plant in Virginia, over the next few months.

Dean Foods shuts down fluid milk processing plant in Virginia

ACON has taken over dairy processor Borden, which operates 13 facilities in the Midwest, southern and southeastern regions of the US.

Borden Dairy taken over by ACON investment company

Arla is moving production of its white mold cheese from Lillebælt Dairy to Troldhede Dairy.

Arla closing Lillebælt dairy

DMK's new powder tower at Zeven, between Hamburg and Bremen in Germany. Pic:© DMK

DMK responds to ‘crisis year’ with plant closures and job cuts

Quebec cooperative Nutrinor has acquired cheesemaking company Fromagerie Champêtre.

Nutrinor acquires Fromagerie Champêtre

Some Murray Goulburn products are being dropped as the closure of three plants draws near.

Murray Goulburn axing products as job cuts loom

Synlait has acquired the Auckland-based New Zealand Dairy Company.

Synlait purchases New Zealand Dairy Company

Granarolo has been working with Greek company QBI for more than 10 years - now it's taken a 50.01% stake in the company.

Granarolo buys 50.01% of Quality Brands International

The US v Canada dairy trade dispute centers around the US being able to continue its exports of ultra-filtered milk to Canada. ©iStock/shakzu

Cornell professor of agricultural economics: US took advantage of 'loophole’ in dairy trade with Canada

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