Most Clicked IDFA SmartBrief Stories
1. Lactalis American to be acquired by Parmalat
IDFA SmartBrief | May 25, 2012
Italian dairy group Parmalat has agreed to pay $904 million for Lactalis American, the U.S. unit of France's Lactalis Group. Lactalis, which purchased 83% of Parmalat last year, makes mozzarella and French "President" brie through Lactalis American. Wall Street Journal, The (05/23)
2. Greek yogurt sales to hit $2B by year's end
IDFA SmartBrief | May 29, 2012
Sales of Greek yogurt are expected to hit $2 billion by the end of 2012, accounting for 43% of the U.S. yogurt market, according to Chicago-based market research firm SymphonyIRI. The growing popularity of the thick style of yogurt is prompting Greek yogurt makers to expand plants and mainstream yogurt brands to add Greek yogurt to their lineup. Star-Ledger (Newark, N.J.), The (05/27)
3. General Mills to trim 850 jobs in restructure
IDFA SmartBrief | May 25, 2012
Wall Street Journal, The (05/22)
4. Arla set to merge with 2 European dairy cooperatives
IDFA SmartBrief | May 23, 2012
Arla Foods, one of Europe's largest dairy companies, plans to merge with two of the continent's milk cooperatives: Germany's Milch-Union Hocheifel and Britain's Milk Link. The merger will help stabilize milk prices across the region, said U.K. farming leaders. Bloomberg Businessweek (05/22) Scotsman (Edinburgh), The (05/23)
5. Chobani Yogurt is made of people
IDFA SmartBrief | May 29, 2012
Chobani Yogurt got its start in 2007 with just five workers and today employs more than 1,200 and has $1 billion in annual sales. The company's success comes from its people-focused culture and small-business approach, says founder Hamdi Ulukaya. "It's the people that count. In the end, it's the employees who will take it from a kitchen-table idea to the next level," he explains. Entrepreneur online (05/25)
6. New Dippin' Dots owners share growth plans
IDFA SmartBrief | May 23, 2012
QSRMagazine.com (05/21)
7. Fonterra CEO: Dairy prices set to recover
IDFA SmartBrief | May 23, 2012
Fonterra dairy prices, now at the lowest level in two years, will start to rise with the next milking season in August, said CEO Theo Spierings. "We are seeing the bottom," he said. Bloomberg Businessweek (05/21)
8. Brazilian food company will join General Mills
IDFA SmartBrief | May 29, 2012
Yoki Alimentos, a family-owned food company founded in 1960 in Brazil, is being acquired by General Mills for $857 million. "We plan to focus on building the strong Yoki and Kitano product portfolio, expanding our current Haagen-Dazs and Nature Valley businesses in Brazil and introducing additional General Mills brands in this important market over time," said Chris O'Leary, executive vice president and chief operating officer for General Mills. Food Business Review (05/25)
9. Canada's Agropur launches brand-awareness push
IDFA SmartBrief | May 29, 2012
Agropur has launched a campaign with billboards, elevator ads and product giveaways targeted at consumers in Toronto and Vancouver. The company, Canada's largest dairy co-op, produces Sealtest, OKA Cheese and Natrel products and operates plants in Canada, Argentina and the U.S. Financial Post (Canada) (05/25)
10. Why some credit Ben & Jerry's for the evolution of Unilever
IDFA SmartBrief | May 25, 2012
Since Unilever acquired Ben & Jerry's in 2000, it has supported the ice cream company's mission of social responsibility, while moving in that direction itself. "I think Ben & Jerry's was a tipping point for Unilever -- they learned a lot from the culture and learned that it made business sense," said consultant Paula Widdowson, who noted Unilever's participation in a larger shift toward sustainability and corporate responsibility. BBC (05/23)
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