What’s for breakfast? Increasingly, it’s not a traditional meal of cereal and milk or bacon and eggs served at home. Instead, grab-and-go nutritional and performance drinks are a popular meal option. That’s a threat to dairy companies, especially those that make milk, cheese and yogurt.
MOM’s 2015 sales were 362 Euro million ($386.3 million), double what they were five years ago.
August 1, 2016
The Bel Group (maker of Laughing Cow and Mini Babybel snack cheeses) said it is in negotiations to acquire the MOM Group, maker of GoGosqueeZ yogurt and fruit snacks.
In recent dairy industry news, Barb O’Brien is named president of DMI; Marathon Cheese’s Zastoupil elected president of Wisconsin dairy group.
July 29, 2016
Dairy industry executives in the news include the late Leonard Gentine, founder of Sargento Cheese founder; Barb O’Brien of DMI; Dan Zastoupil of Marathon Cheese; and Michael J. Pengue of Bai Brands.
A start-up, a 100-year-old business and a division of a billion-dollar company have their own unique ways of making and selling ice cream and frozen desserts.
The maker of Dannon yogurt acquires the maker of Silk almond milk and Horizon Organic.
July 7, 2016
Danone is buying WhiteWave, a manufacturer of organic foods, plant-based milks and related products for $10.4 billion. The deal doubles the size of Danone’s U.S. business.