Page 10 - Dairy Processing News Today

Dairy product exports fell 3.2 percent in April-October; taking steps to address this issue: Government In the case of import of dairy products, the minister said it declined in both volume and value terms in the April-October period of the current financial year 2020-21. Share Via Email   |  A+A A- By PTI New Delhi, Feb 5 (PTI) Indias export of dairy products has declined 3.2 percent in rupee terms during the April-October 2020 period due to COVID-19 pandemic, but steps are being taken...

  From a Kerry Group perspective, the obvious benefit of this proposed joint venture deal is that it will allow it to realise a significant cash windfall from its primary dairy processing assets to give it additional firepower for new acquisitions in the high-margin, fast-growth area of taste and nutrition. Just over a year ago, Kerry Group came within inches of pulling off the biggest deal in its history when it narrowly lost out on acquiring the nutrition division of US multinational DuPont....

Food Processing Equipment Market to Reach $98.4 Billion by 2027 -- Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research "Food Processing Equipment Market by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Equipment, Beverage Processing Equipment, Dairy Processing Equipment, and Fruit and Vegetable Processing Equipment) - Global Forecast to 2027, in terms of value, the food processing equipment market is expected to grow at a CAGR of 7.2% from 202...

 by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Equipment, Beverage Processing Equipment, Dairy Processing Equipment, and Fruit and Vegetable Processing Equipment) - Global Forecast to 2027, in terms of value, the food processing equipment market is expected to grow at a CAGR of 7.2% from 2020 to reach $98.4 billion by 2027. In terms of volume, the market is expected to grow at a CAGR of 7.6% from 2020 to reach 56,233.9 thousand units by 2027. Food processing is considered on...

Podcast: what Kerry Co-op’s €480m deal means for farmers and co-op shareholders 2021-01-21

Milk Lorries queueing for the intake bays at Kerry Foods Charleville plant.\ Donal O Leary The board of Kerry Co-op will hold a crucial meeting on Wednesday 20 January to decide whether or not it will submit a €480m offer to Kerry Group plc for a 60% majority stake in its primary dairy business. Speculation is rife in Kerry farming circles that the co-op will formally submit a €480m offer to buy 60% of Kerry Group’s dairy business this week, which would value the entire business outrigh...

SHARING OPTIONS: Kerry Group CEO Edmond Scanlon has told the board of Kerry Co-op that time is running out to agree a deal. \ Philip Doyle We’re now almost halfway through January but little progress has been made between Kerry Co-op and Kerry Group on negotiations to form a new joint venture dairy processing business. Board directors in Kerry Co-op had hoped to hold a virtual meeting this week with either Edmond Scanlon or Gavin Caplis from Kerry Group ...