10 – $55M expansion project to boost Lactalis' feta production
Lactalis USA revealed it will invest $55 million into an expansion project to increase its feta cheese production.
9 – Lifeway turns down $283M offer from Danone
Fermented dairy manufacturer Lifeway Foods, Inc. announced Nov. 5 that its board of directors rejected Danone North America PBC’s (first) unsolicited proposal to acquire all of the kefir maker’s outstanding stocks that weren’t already owned by Danone.
8 – fairlife performing well, with more capacity on the way
Two bright spots for The Coca-Cola Co. during its most recent third quarter were the performances of the company’s trademark Coca-Cola brand and its fairlife dairy business.
7 – Nestlé identifies food trends for 2025
Global food and beverage manufacturer Nestlé offered a comprehensive look at what’s likely to capture consumers’ attention in 2025.
6 – Schuman Cheese acquires cheddar brands
Schuman Cheese augmented its portfolio, acquiring Trugman-Nash LLC from Allied Dairy, Inc. Terms of the purchase were not disclosed.
5 – Consumers seeking out high-protein foods and beverages
Grocery shoppers increasingly are opting for food and beverage items featuring high protein levels, clean ingredients and functional benefits.
4 – Dessert maker to open $12.5 million creamery
Taylor Chip is bringing its dessert-focused company that makes cookies, ice cream and coffee to the masses through a $12.5 million, 20,000-square-foot Pennsylvania-based creamery that is opening in 2025.
3 – noosa yoghurt sold to portfolio company
The Campbell Soup Co. is selling its noosa yoghurt business to Lakeview Farms, LLC, a portfolio company of CapVest Partners LLP that manufactures fresh dips, desserts and specialty products.
2 – Foremost Farms, Novonesis team up for shipping solution
Midwest dairy cooperative Foremost Farms USA revealed a sustainability-focused shipping solution it developed in collaboration with biosolutions company Novonesis.
1 – Kerry Group to sell dairy business to co-op
Kerry Group PLC announced that it reached an agreement to sell its dairy business, Kerry Dairy Holdings Ltd., to Kerry Co-Operative Creameries Ltd., for €500 million ($530 million).