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Standard Investment completes FrieslandCampina Riedel takeover
14 Nov 2017 --- Back in August, FoodIngredientsFirst reported that Dutch investment company Standard Investment and Dutch dairy cooperative FrieslandCampina reached agreement on the takeover of FrieslandCampina Riedel B.V. The takeover was officially completed on 10 November 2017. Standard Investment took over the shares and the activities of Riedel from dairy company FrieslandCampina, which had been the owner of Riedel since the year 1970. The company, established in Ede, the Netherlands, produces and sells fresh fruit juices and other fruit juices under brands such as Appelsientje, CoolBest, DubbelFrisss, DubbelDrank, Taksi and Extran. Earlier this year, FrieslandCampina announced that it would sell Riedel, as the company wants to fully concentrate on its dairy portfolio. In the year 2016, Riedel achieved a turnover of about €125 million (US$146 million) with 200 employees. Standard Investment announced its intended take-over of FrieslandCampina Riedel B.V. on 17 August 2017. You can read the full story here. To Standard Investment, which also has interests in, among others, Burger King Netherlands, this take-over means an important expansion of its portfolio. Just like the other participations, Riedel will remain an independent entity within Standard Investment. Wherever possible Standard Investments will contribute with its knowledge and network in support of Riedel. Last week, it was made known that Standard Investment had also taken over the in 2015 founded drinks company Beyond Brands. With this, the Amsterdam investment company stresses its ambitions in the fruit juices and fruit drinks sector. By now, the Authority for Consumers & Markets has given its approval for the take-over. The financial details have not been disclosed. To contact our editorial team please email us at editorial@cnsmedia.com 
FrieslandCampina DMV
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COMPANY DETAILSFrieslandCampina DMV Stationsplein 4 Amersfoort 3818 LE Netherlands
Tel. +31 413 372222 Fax. +31-413-343695 ACTIVE CATEGORIESDairy Products - Natural and Imitation DMV Simply Trusted Milk proteins form our core business, supplying our core markets: Performance Nutrition & Weight Management and Dairy. In caseinates we are the market leader across the world– a position we cherish and from which we want to grow through entering long-term relationships with our customers. DMV aims to be a reliable partner, providing continuity throughout the chain. We have found a balance between sound business propositions and sustainable, personal relationships. That is how our customers know that DMV can be Simply trusted. Related ArticlesFood Ingredients News Untapped potential? FrieslandCampina Kievit targets instant coffee and tea growth in the Philippines
02 Oct 2018 --- FrieslandCampina Kievit has conducted consumer research in the Philippines into coffee, tea, and hot chocolate usage and preferences, giving beverage manufacturers in the region insights in trends and how best to innovate and grow their businesses. At the same time, the company has opened a brand-new Innovation Kitchen in Manila, to help partners tailor-make relevant concepts for the market. Food Ingredients News FrieslandCampina results hit by basic dairy and infant nutrition price competition, warns of pressures
30 Aug 2018 --- Dutch dairy giant Royal FrieslandCampina N.V. (FrieslandCampina) has reported a revenue total of €5,721 million over the first half-year of 2018. This is 5.8 percent lower in comparison to the first half-year of 2017, of which 5.0 percent is due to currency effects and the sale of Riedel. Profit decreased by 32.7 percent to €109 million, primarily due to losses on cheese, butter and milk powder basic dairy sales, according to the company. Food Ingredients News FrieslandCampina expands energy transition as more dairy farms opt for solar panels
27 Aug 2018 --- The number of dairy farmers to receive solar panels through the FrieslandCampina Solar program has more than doubled compared to last year. The Dutch multinational dairy cooperative says that initially 344 additional dairy farms would participate which eventually became 462 bringing the total number of participants in the FrieslandCampina Solar program to 772 dairy farms. Business News FrieslandCampina acquires Best Cheese Holland, strengthens dairy snacking position
21 Aug 2018 --- Royal FrieslandCampina N.V. has taken over the activities of Best Cheese Holland, including its brands Parrano and Tjiezi. Financial details have not been disclosed. With this step FrieslandCampina Consumer Dairy wants to respond stronger to the consumer need to use more cheese in cooking and the growing demand for dairy snacks as dippers. Packaging & Technology News FrieslandCampina launches “innovative plant material” cardboard liter pack
21 May 2018 --- FrieslandCampina’s long-keeping chocolate milk brand, Chocomel, is set to be packaged in a new, innovative cardboard liter pack made up of 80 percent raw plant material from Tetra Pak. The move places Chocomel as the first product to be packed in the liter pack, of which wood and sugar are the parent materials. |
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