Asha Ram & Sons Pvt. Ltd.’s Post

Big news in the dairy world! 🧀 Arla Foods has made a move to acquire a majority stake in Egypt's Domty, valuing the company at a staggering $183m. This non-binding offer highlights Arla's intent to strengthen its footprint in the Middle East and North Africa, a region that's become crucial to their operations. Domty, a key player in Egypt's dairy market, has been a household name with impressive figures, reporting sales of E£7.5bn and a gross profit of E£1.58bn last year. Although Arla plans to delist Domty from the Egyptian stock exchange, the El Damaty family will still retain a share, with Mohamed El Damaty staying on as CEO. This move aligns well with Arla's strategic vision for the region, where they saw a 3.2% revenue increase last year. This acquisition marks a significant step for Arla, especially given their reported near-13% rise in foodservice volumes in the Middle East and North Africa. With Domty's alignment to Arla's growth strategy, we can anticipate exciting developments in the Egyptian dairy market. What are your thoughts on this strategic move? 🤔 #DairyIndustry #BusinessGrowth #Food

Big news in the dairy world! 🧀 Arla Foods has made a move to acquire a majority stake in Egypt's Domty, valuing the company at a staggering $183m. This non-binding offer highlights Arla's intent to strengthen its footprint in the Middle East and North Africa, a region that's become crucial to their operations. Domty, a key player in Egypt's dairy market, has been a household name with impressive figures, reporting sales of E£7.5bn and a gross profit of E£1.58bn last year. Although Arla plans to delist Domty from the Egyptian stock exchange, the El Damaty family will still retain a share, with Mohamed El Damaty staying on as CEO. This move aligns well with Arla's strategic vision for the region, where they saw a 3.2% revenue increase last year. This acquisition marks a significant step for Arla, especially given their reported near-13% rise in foodservice volumes in the Middle East and North Africa. With Domty's alignment to Arla's growth strategy, we can anticipate exciting developments in the Egyptian dairy market. What are your thoughts on this strategic move? 🤔 #DairyIndustry #BusinessGrowth #Food

Big news in the dairy world! 🧀 Arla Foods has made a move to acquire a majority stake in Egypt's Domty, valuing the company at a staggering $183m. This non-binding offer highlights Arla's intent to strengthen its footprint in the Middle East and North Africa, a region that's become crucial to their operations. Domty, a key player in Egypt's dairy market, has been a household name with impressive figures, reporting sales of E£7.5bn and a gross profit of E£1.58bn last year. Although Arla plans to delist Domty from the Egyptian stock exchange, the El Damaty family will still retain a share, with Mohamed El Damaty staying on as CEO. This move aligns well with Arla's strategic vision for the region, where they saw a 3.2% revenue increase last year. This acquisition marks a significant step for Arla, especially given their reported near-13% rise in foodservice volumes in the Middle East and North Africa. With Domty's alignment to Arla's growth strategy, we can anticipate exciting developments in the Egyptian dairy market. What are your thoughts on this strategic move? 🤔 #DairyIndustry #BusinessGrowth #Food

Big news in the dairy world! 🧀 Arla Foods has made a move to acquire a majority stake in Egypt's Domty, valuing the company at a staggering $183m. This non-binding offer highlights Arla's intent to strengthen its footprint in the Middle East and North Africa, a region that's become crucial to their operations. Domty, a key player in Egypt's dairy market, has been a household name with impressive figures, reporting sales of E£7.5bn and a gross profit of E£1.58bn last year. Although Arla plans to delist Domty from the Egyptian stock exchange, the El Damaty family will still retain a share, with Mohamed El Damaty staying on as CEO. This move aligns well with Arla's strategic vision for the region, where they saw a 3.2% revenue increase last year. This acquisition marks a significant step for Arla, especially given their reported near-13% rise in foodservice volumes in the Middle East and North Africa. With Domty's alignment to Arla's growth strategy, we can anticipate exciting developments in the Egyptian dairy market. What are your thoughts on this strategic move? 🤔 #DairyIndustry #BusinessGrowth #Food

ICYMI: At the fall membership meeting, the Urban School Food Alliance celebrated the remarkable work of individuals and organizations committed to advancing nutrition and sustainability in #SchoolFood. Rich Petrone, Regional Sales Manager for Huhtamaki, accepted a recognition award for their historic work with USFA to create and bring to market a compostable, round 5-compartment tray. Learn more about this partnership: https://bit.ly/3OfDAJN

🚨 Machines Italia News Alert 🚨 Exciting developments in the #FoodProcessing sector with a touch of #NA-IN-ITALY! 🇮🇹 Nestlé to Invest €472 Million in Italian Pet Food Factory 🐾 Nestlé's colossal investment marks a significant stride in Italy's food processing landscape. The €472 million infusion into a state-of-the-art pet food factory underscores Italy's prowess in the global food industry. 👉 Key Points: Massive Investment: Nestlé's commitment of €472 million signals confidence in Italy's capabilities as a hub for food production excellence. Technological Advancements: The new factory is poised to integrate cutting-edge machinery and automation technologies, showcasing Italy's innovation in food processing equipment. Impact Beyond Borders: Nestlé's venture extends beyond Italy's shores, influencing North American markets with premium-quality pet food products. 🌎🍽️ Read more: Nestlé to Invest €472 Million in Italian Pet Food Factory #EngineeredwithPassion #MachinesItalia #FoodProcessingIndustry #NorthAmericainItaly #Manufacturing #InvestinItaly

Had the opportunity to visit Lanka Milk Foods PLC as part of our assignment for the Strategic Management module. Gained valuable insights into their innovative practices and strategies in the dairy industry. #FieldVisit #StrategicManagement #LankaMilkFoods #LearningInAction"

✨Meet Marigona Qerkinaj, #QualityAssurance Manager at Vitafood. Marigona’s commitment to #foodquality has given #Vitafood a reputable status in the #foodindustry. The company's several important #standardcertifications ensure the maintenance of high-quality food production, which has earned the trust of their #clients and promoted their expansion into #internationalmarkets.🌍 Through the #collaboration with #USAID #CompeteActivity on a #leanmanufacturing project, Vitafood managed to increase staff activity, production #efficiency and reduce time waste⏱️. By improving their company operations, they have achieved better product quality, #sustainability and overall, a stronger brand reputation. Marigona’s story is one of #growth, both personal and professional, as she continues to be a valuable asset at Vitafood, always working towards advancing the food sector in #Kosovo. USAID DT Global #Vitafood #USAIDKosovo #CompeteActivity #QualityAssurance #FoodIndustry #LeanManufacturing #Kosovo

➡️ Taufika Foods and Lovello Ice-cream PLC to acquire a 50 percent stake in Sharika Foods & Amandala Ltd at a cost of Tk 50 lakh. ➡️ Lovello's board has approved a proposal to purchase 5 lakh shares of Sharika Foods at Tk 10 each..+ ➡️ The investment will be funded from the company's earnings, according to the website posting. #ViBesDaily #BrandViBes #Lovello

🚨 Machines Italia News Alert 🚨 Exciting developments in the #FoodProcessing sector with a touch of #NA-IN-ITALY! 🇮🇹 Nestlé to Invest €472 Million in Italian Pet Food Factory 🐾 Nestlé's colossal investment marks a significant stride in Italy's food processing landscape. The €472 million infusion into a state-of-the-art pet food factory underscores Italy's prowess in the global food industry. 👉 Key Points: Massive Investment: Nestlé's commitment of €472 million signals confidence in Italy's capabilities as a hub for food production excellence. Technological Advancements: The new factory is poised to integrate cutting-edge machinery and automation technologies, showcasing Italy's innovation in food processing equipment. Impact Beyond Borders: Nestlé's venture extends beyond Italy's shores, influencing North American markets with premium-quality pet food products. 🌎🍽️ Read more: Nestlé to Invest €472 Million in Italian Pet Food Factory #EngineeredwithPassion #MachinesItalia #FoodProcessingIndustry #NorthAmericainItaly #Manufacturing #InvestinItaly