Reading Time: 2 minutes The processor of the Beatrice and Lactantia milk brands plans to put its fluid milk processing plant in northern Ontario over to plant-based dairy substitutes. The Canadian arm of France’s Lactalis said Wednesday it will stop fluid milk processing and packaging at its plant at Sudbury effective Sept. 30 and convert that plant to a […] Read more
Lactalis to shift from milk to near-milk at Sudbury
Facility to halt fluid milk processing, switch to plant-based product lines
Lactalis to buy Agropur’s yogurt business
Deal to include two processing plants, major yogurt brands
Reading Time: 2 minutes Canadian dairy co-operative Agropur has reached a deal to sell its yogurt processing business and plants to the Canadian arm of French dairy giant Groupe Lactalis. The deal, as announced Thursday, will include Agropur’s plants at Granby, Que. and Delta, B.C. plus the operations at a distribution centre it leases at Longueuil, Que. Financial terms […] Read more
Parmalat to buy Kraft’s Ontario cheese plant, brands
Reading Time: 2 minutes U.S. food processing giant Kraft Heinz is taking one step back from the Canadian dairy processing business with a deal to sell its eastern Ontario cheese plant and the brands made there. The company announced Nov. 6 it has a deal in hand to sell its Canadian “natural cheese” business and its cheese plant at […] Read more
Lactalis still short in bid to delist Parmalat
Reading Time: < 1 minute Milan | Reuters — France’s Lactalis has not secured the 90 per cent stake in Parmalat it needed to press ahead with plans to delist the Italian food company, a filing showed Tuesday. On the last day of an extended bid on shares it did not already own, the French dairy group reached an overall […] Read more
Lactalis short of threshold to delist Parmalat
Reading Time: < 1 minute Milan | Reuters — France’s Lactalis failed to reach the 90 per cent stake in Parmalat it required to proceed to delist the Italian food company in the last day of a buyout offer, a filing by the Milan bourse showed Tuesday. Lactalis, the world’s largest dairy firm, bought 15.11 per cent of the shares […] Read more
Lactalis offer for Italy’s Parmalat seen too low
Reading Time: 2 minutes Milan | Reuters — Parmalat activist investor Amber Capital believes the price of a buyout offer by France’s Lactalis undervalues the Italian dairy group and won’t be tendering its three per cent stake. Lactalis, which won control of Parmalat in 2011 amid failed efforts in Italy to mount a domestic counter bid, has launched an […] Read more
Ontario dairy sector optimistic with expanding demand
Reading Time: 4 minutes Ontario’s dairy industry is in a period of unprecedented growth, with over 15 per cent more quota going to dairy farmers in less than two years. There are almost certainly more quota increases to come, in order to increase milk production to displace significant volumes of butter now being imported. “It’s an absolutely great time […] Read more
Ottawa weighs options over U.S. milk proteins
Reading Time: 3 minutes Winnipeg | Reuters — Canada is working on a plan to shore up its sheltered dairy industry, including measures to counter fast-rising imports of milk proteins from the U.S., according to the federal agriculture minister. Any new support risks widening a trade dispute among North America’s dairy farmers over $150 million worth of U.S. milk […] Read more
Parmalat gets GF2 funds for new Winnipeg milk plant
Reading Time: 2 minutes Dairy giant Parmalat is set to get federal and Manitoba government funding toward its planned new $50 million milk plant in Winnipeg. The two levels of government on Tuesday pledged $2.5 million toward the construction of Parmalat’s new dairy plant at an industrial park in the city’s St. Boniface area, about seven km east of […] Read more
Parmalat getting land to expand Winnipeg milk plant
Reading Time: 3 minutes Dairy giant Parmalat plans to expand its Winnipeg milk operations and has been cleared to buy the acres to do so. While the Italian company’s Toronto-based Canadian arm has so far been quiet about its plans, Winnipeg’s city council on Wednesday voted to approve the sale of about 15 acres to Parmalat just south of […] Read more
A message from April Stewart, Country Guide's Associate Editor
