Tag Archives: Joint-Venture

Arla Foods, Tolaram Group Partner To Market Dano Milk

Tolaram Group, the Singapore based business conglomerate behind several household brands in Nigeria, like Indomie, Minimie, Power Oil, Power Pasta and Hypo Bleach, has signed a partnership agreement with Arla Foods of Denmark, one of the world’s largest Dairy Company, and the owner of Dano brand of dairy products – another brand known for its quality in Nigeria.

PZ Cussons buys-out Glanbia stake in Nutricima Joint Venture

PZ Cussons Plc, makers of Nunu, Olympic and Yo brands announced that it has acquired the remaining 50 percent stake held by Glanbia in the Nutricima joint venture between both companies.

It paid £21 million in cash, giving PZ Cussons complete ownership of Nutricima. PZ Cussons has also entered into a new long-term agreement with Glanbia Ingredients Ireland for the supply of milk-based products to Nutricima.