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2013 outlook: Mega deals unlikely

There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisit...

Focus: Lactalis puts spotlight back on Parmalat

In 2003, Parmalat grabbed Europe's business headlines after collapsing with a EUR14bn hole in its accounts. It was the continent's biggest b...

2013 outlook: Mega deals unlikely

Chris Mercer | 31 Jan 2013

There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisitions table still has plenty to whet the appetite.

Lactalis's Parmalat push kicks off busy week

Dean Best | 26 Apr 2011

Lactalis threw down the gauntlet - and blew away any post-Easter cobwebs on consumer goods newsdesks in Europe - in the battle for the ownership of Italian dairy group Parmalat this morning (26 April) with a takeover bid for the entire business.

Latest News

Vivartia eyes France, Italy with Granarolo tie-up

Katy Askew | 17 Jan 2014

Greek food group Vivartia has secured distribution for its Delta Greek yoghurts and cheeses in France and Italy after a deal with Italian dairy firm Granarolo.

Italiandairy Granarolo takes stake in Amalattea

Katy Askew | 10 Oct 2013

Granarolo has taken a minority stake in goat's milk specialist Amalattea in a deal the Italian dairy group said would provide it with access to the growing category.

Granarolo to acquire CIPF Codipal cheese group

Chris Mercer | 11 Jan 2013

Italian dairy group Granarolo has announced its entry into France via the acquisition of French cheese maker CIPF Codipal for an undisclosed fee.

Granarolo buys local cheese firm Lat Bri

Dean Best | 1 Sep 2011

Italian dairy company Granarolo has snapped up local cheese maker Lat Bri.

No domestic bid in offing for Parmalat - report | 27 Apr 2011

Italian companies are reportedly not preparing a counter bid for Parmalat, the country's largest dairy processor, which is subject to a EUR3.4bn takeover offer from France's Lactalis.

Lactalis launches full takeover bid for Parmalat | 26 Apr 2011

Lactalis, the French dairy giant, has upped the ante in the battle for Italian rival Paramlat with the announcement this morning (26 April) of a takeover bid for the entire business.

Parmalat silent on Granarolo buy talk

Dean Best | 6 Apr 2011

Italian dairy group Parmalat, facing speculation about its future after Lactalis's investment in the company, has refused to be drawn on reports linking it with a possible move for smaller rival Granarolo.

Granarolo profits hit by input cost hikes | 24 Mar 2011

Italian dairy group Granarolo saw its profits drop in 2010 on the back of what it described as a "complex economic scenario", hit by rising raw-material costs and the economic crisis in its domestic market.

New law could see Parmalat postpone AGM

Dean Best | 23 Mar 2011

The Italian government has passed a new law that could allow Parmalat to postpone its AGM, potentially giving critics of Lactalis's investment in the Italian dairy giant more time to consider their options.

Concerns over Parmalat board prompt sale | 22 Mar 2011

Three funds have entered into an agreement to sell their 15.3% stake in Parmalat to Lactalis because their plans to elect a "highly-qualified board" have been "compromised".

Lactalis increases Parmalat stake | 22 Mar 2011

Lactalis today (22 March) announced it has entered an agreement to buy a further 15.3% stake in Italian dairy and food manufacturer Parmalat, increasing its shareholding to 29%.

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