Goat milk manufacturer Bubs Australia has announced that it has made an agreement with Heilongjiang Ubeite Dairy Group (HUG) to produce and distribute Bubs China label goat milk infant formula in China. According to a Bubs press release, the new “ultra-premium” Bubs China label infant formula range has been created exclusively for the Chinese market, based on easy to digest A2 goat milk protein, with premium ingredients, sn2 palmitate, lactoferrin, …
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Bubs Australia
Bubs Australia, a goat milk products manufacturer, has agreed to acquire infant formula producer Australia Deloraine Dairy for a consideration including A$25 million ($17.8 million) in cash and A$10 million ($7.1 million) in shares, according to a FoodBev report. Australia Deloraine Dairy is a multinational food company predominately involved in manufacturing and marketing dairy, staple and natural foods. Its Melbourne facility is said to have the capacity to process 10 …
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