Grupo LaLa, Mexico City, said that its first quarter net sales rose 4.7% to 11,630 million pesos. Net income rose 18.6% to 944 million pesos. 

Kraft Foods Group said its first-quarter net revenues declined 0.2% from the previous period and operating income was down 18.1%.

The Irish Dairy Board changed its name to Ornua, The Home of Irish Dairy. 

H.J. Heinz Company and Kraft Foods Group Inc. today announced that they have entered into a definitive merger agreement to create The Kraft Heinz Co.

Record dairy markets and a focus on the foodservice sector combined to push sales for Associated Milk Producers Inc. (AMPI) to $2.2 billion in 2014.
 

Sales increased in 2014 for dairy processors Lala and Arla.

Danone reported 2014 revenues rose 4.7% and sales in its fresh dairy products division increased 1.5%.

Kraft reported 2014 revenues last week and named George Zoghbi the chief operating officer.

The multinational food giant Unilever has purchased Talenti Gelato & Sorbetto, according to a Talenti press release issued today. 

Swiss Valley Farms, the dairy cooperative based in Davenport, Iowa, said today it will invest $20.6 million to expand its cheese manufacturing facility in the northeast Iowa town of Luana.