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In its note, domestic brokerage firm HDFC Securities has maintained its optimistic view on Heritage Foods, highlighting its well-diversified product portfolio, robust distribution network, strong long-term relationships with farmers, and commitment to high-quality premium products, enables it to capitalize on the growing dairy industry in India. The company boasts a strong balance sheet characterized by low …

Heritage share delivers over 300% return in 18 months Read More »

An iconic Australian cheese producer is closing its doors after, discontinuing the beloved brand after more than 120 years. Tasmania’s King Island Dairy will no longer operate from mid-2025, parent company Saputo revealed on Thursday. The dairy giant launched a strategic review of the facility 10 months ago, making the decision to retire the brand …

120 years old Australian cheese dairy King Island shuts down Read More »

A New Zealand dairy company has been fined 420,000 New Zealand dollars ($261,452) for using imported Indian butter in products labelled as locally produced. New Zealand’s Commerce Commission said on Monday that Milkio Foods Limited misled customers about the origin of the butter used in its “100 percent pure New Zealand” ghee products. Milkio, based in Hamilton, …

New Zealand Dairy Firm Fined for Using Indian Butter Read More »