French dairy group Lactalis is expanding in Romania through the acquisition of local dairy Albalact. At first glance, Romania might not seem...
Egypt has been in the M&A spotlight in recent weeks, with Arab Dairy and local snacks group Bisco Misr the subject of interest from internat...
The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stefan Kirk asks, the Swiss group's shareholders consider a liquidity event that would make them a participant in European dairy consolidation, plus earn them lots of money?
The proposed sale of BRF's Brazilian dairies unit to Lactalis-owned Parmalat looks set to be a win-win for both companies. BRF is focusing on improving the performance of its core meat operations and the group would leave the transaction better positioned to step up its expansion into international protein markets. Meanwhile, Lactalis will strengthen its hand in the promising Brazilian dairy sector, leaving the company well-placed as a global dairy powerhouse. Katy Askew reports.
Strategically, Dairy Crest's deals with fellow UK dairy group Fayrefield Foods and New Zealand dairy giant Fonterra to serve the global infant formula market are astute moves. But the deals could also catch the eye of some of the world's larger dairy processors about Dairy Crest's new capabilities.
Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it first entered the market. Parmalat has snapped up Australian dairy and fruit juice firm Harvey Fresh, a deal industry watchers believe could help the Italian firm's local business and help it expand its presence in Asia. Dean Best reports.
Dutch dairy giant FrieslandCampina has just reorganised its export operations. Cees Ruijgrok is overseeing a more integrated export effort to build on the overseas businesses Friesland Foods and Campina had before their 2008 merger. Dean Best spoke to Ruijgrok about the company's export ambitions.
Swiss dairy giant Emmi is embarking on two key strategies to develop its business. One is significant international expansion. The second is a global marketing programme that emphasises the "Swissness" of its products. Dean Best met Emmi's head of marketing Robin Barraclough at the SIAL food-industry expo to discuss this twin strategy.
Parmalat, the Italy-based dairy business in which France's Lactalis holds a majority stake, has booked higher first-quarter profits, thanks to "improved results" in the US and Europe.
France's Lactalis group today (28 July) declined to comment on reports in the Romanian media it had offered RON342m (US$85m) to buy up the remaining shares in its majority-owned Romanian dairy group Albalact.
Lactalis has acquired Normandy cheesemaker Fromagerie E. Graindorge for an undisclosed sum.
Lactalis has delayed the planned closure of a plant in Spain, a move union officials have said could allow time for the factory to be acquired, rather than shut down.
FoodMaster, the Kazakh dairy business owned by Lactalis, has secured financial support from the European Bank for Reconstruction and Development.
Parmalat, the Italy-based dairy group, today (24 May) booked lower first-quarter profits amid the challenging economic conditions in Venezuela and pressure from foreign exchange.
Lactalis and Nestle have entered the lactose-free yoghurt category in Spain with the launch of a range through their joint venture.
Parmalat has named Gabriella Chersicla as its new chairperson after after three of the directors nominated by majority shareholder Lactalis quit their positions last month, prompting the Italian dairy group to elect a new board.
Lactalis has confirmed it is planning to close a production site in Valladolid, Spain.
France's Agriculture Minister, Stephane Le Foll, is looking to a government bill focusing on transparency, tackling corruption and modernising business practices to get privately-held food firms like Lactalis and Bigard to publish their results.
Lactalis has agreed a deal to buy the dairy business of Indian conglomerate Anik Industries.
Parmalat, the Italy-based dairy group, needs to elect a new board after three of the directors nominated by majority shareholder Lactalis quit their positions.
Parmalat saw revenue and EBITDA rise in 2015 but reported a fall in net profit due in part to the volatility in Venezuela.
Lactalis has become a shareholder in Sante, a dairy company in the former Soviet republic of Georgia.
Lactalis has moved to buy a majority stake in Albalact, the Romanian dairy group.
This week Fonterra announced it was selling its yoghurt and dairy business in Australia to Parmalat, Chinese fruit groups Golden Wing Mau and Joyvio announced a merger and UK meat group Dunbia confirmed it was mulling options for the business. Belgium's Lotus Bakeries bought UK snacks group Urban Fresh Foods, its second deal in the country in four months and, looking to next year, we analysed the prospects for the BRIC markets in 2016. Here is the week in quotes.
Belgium's Lotus Bakeries this week struck its second piece acquisition in the UK in four months, with a deal to buy Bear snacks owner Urban Fresh Foods. Our M&A pages also included news Fonterra is selling its Australian yoghurt business to Lactalis's Parmalat and Ornua is offloading US distribution asset DPI. Elsewhere, the Russian central bank said domestic producers had, in most categories, failed to meet the shortfall in production from Moscow's import restrictions on the west.
From the merger that created Kraft Heinz and ConAgra Foods' decision to split in two, through Nestle's uneven sales performance and on to investment in India and China, our analysis pages got you clicking this year. Here's the top ten most-read analysis articles of 2015.
Fonterra is to offload its yoghurt and dairy desserts business in Australia to Parmalat, the Italy-based group owned by France's Lactalis.
Nestle's "advanced" talks to put the bulk of its ice cream business into a venture with the UK's R&R Ice Cream was the week's stand-out M&A story, while regulatory developments - the TPP trade deal, food safety rules in China and US dietary guidelines - caught the eye elsewhere.
Parmalat has posted a fall in first-half profits, despite higher sales, as a result of inflation pressures in Venezuela but the Lactalis-controlled dairy group reported underlying growth.
Lactalis has moved ahead of French rival Danone into second place in the list of the world's top ten dairy companies by sales, according to new data from Rabobank.
The French giant - the world's number two dairy group by sales - has struck another deal in a promising emerging market for dairy.
Growth prospects for the global packaged food sector were negatively revised today (17 March) on faltering emerging market demand - but India looks increasingly set to be a bright spot for the industry.
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