Articles Tagged with ''dairy industry''

Following the close of $120 million in Series B funding, Remilk announced it will build the world's largest full-scale precision fermentation facility on more than 750,000 sq.-ft. of newly acquired land within The Symbiosis project, a pioneering sustainable industrial ecosystem, in Kalundborg, Denmark. 

Dean Foods Company and some of its subsidiaries have entered into an asset purchase agreement with Dairy Farmers of America by which DFA will acquire a substantial portion of Dean Foods’ business operations. If the agreement is approved, DFA will acquire 44 of the Dean Foods’ fluid and frozen facilities and the real estate, inventory, equipment, and all other assets necessary to operate such facilities (aka the “Stalking Horse Assets”).

Mexico-based dairy company Grupo LaLa has announced that it will add a new American division based out of Dallas.

A ranking of the world’s top 20 dairy companies reveals many of the same players, but the overall pie is shrinking.

The global dairy and soy food market will rise from $617.9 billion in 2015 to US$773.4 billion by 2020, representing a CAGR of 4.6 percent.

The New Zealand company is investing $8 million in an upgrade that will reduce the company’s dependence on lactose from overseas and deliver significant cost savings.

Sea Salt Caramel Milk and Coconut Key Lime Pie Chia Seed Yogurt were named the two winners of the  Innovative Milk and Cultured Dairy Products Contest.