Mega dairy deals reshape New Zealand sector
New Zealand’s dairy landscape is undergoing a major transformation with two significant acquisitions completed this week, signaling a strategic shift in global dairy investments. French giant Lactalis has taken over Fonterra’s global consumer and related businesses in a deal valued at $4.2 billion, effective March 31, 2026. The acquisition includes the Mainland Group, featuring iconic…
Abbott’s Project Ksheersagar Boosts Dairy Yields
Global healthcare company Abbott, in partnership with TechnoServe India, has launched Project Ksheersagar to strengthen India’s local milk supply chain and empower small dairy farmers. The initiative has helped 12,000 farmers raise milk yields by 55% while cutting veterinary costs by 60%. Operating across Maharashtra, Andhra Pradesh, Karnataka, and Tamil Nadu, the project has already…
China’s falling birth rate impacting infant milk industry in Ireland
THE impact of the falling birth rate in China on the infant milk formula industry in Ireland was raised in the Dáil. Ireland is one of the leading manufacturers of infant formula. Three of the world’s largest producers, Danone, Abbott, and Wyeth, have manufacturing plants here. Minister of State Neale Richmond, replying to Cork North-West…