The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stef...
Emmi's move to sell Italian yoghurt business Trentinalatte, announced this morning (6 October), was the latest example of the challenges fac...
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 o...
Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it...
Parmalat, the Italian dairy group controlled by Lactalis, has raised its forecasts for annual underlying sales and EBITDA.
Danone this week said Franck Riboud will step down as CEO after 18 years leading the French food giant. Across the Channel, the UK government announced plans for a food crime unit to tackle fraud. In emerging markets, Lactalis struck a deal to buy dairy assets from Brazil's BRF, while Egyptian snack group Bisco Misr said Kellogg had expressed an interest in buying the business.
The legal wrangle between Parmalat and Citibank continues to make its way through the Italian courts following a decision that an earlier US judgement requiring the dairy group to pay US$431m in damages could take effect in Italy.
Lactalis-controlled Italian dairy group Parmalat looks set to acquire 11 dairy plants in Brazil from local food processor BRF.
Fonterra this week made a significant move to boost its business in China, a market that has been problematic for the world's largest dairy exporter. We analysed the group's latest foray, a venture with infant formula producer Beingmate. Elsewhere, dairy dominated our coverage, with news of Parmalat closing in on an acquisition in Brazil and Emmi's surprise profit warning. Canadian dairy giant Agropur also featured on our interview pages, when CEO Robert Coallier sat down with us to discuss the co-op's recent M&A.
The Italian dairy group was in the spotlight last year after minority investors complained about its acquisition of Lactalis American Group, the US-based arm of majority shareholder Lactalis. This week, an appeals court in Italy brought an end to the protracted legal dispute.
Days after Parmalat announced it had acquired Australian dairy and fruit juice firm Harvey Fresh comes news of a deal of another sort for the Lactalis-owned Italian dairy giant.
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