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Why "added-value" is key in LatAm yoghurt

Rising incomes in Latin America have led to a burgeoning yoghurt sector in a number of markets, attracting the likes of Danone, Fonterra and...

M&A Watch: Emmi shareholders should consider sale

The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stef...


Why "added-value" is key in LatAm yoghurt

Hannah Abdulla | 28 May 2015

Rising incomes in Latin America have led to a burgeoning yoghurt sector in a number of markets, attracting the likes of Danone, Fonterra and Nestle. However, with competition intensifying, with the macro-economic landscape mixed and with consumers showing an interest in moving to "better for you" options and different ways of consuming yoghurt, innovation will be key to help manufacturers stay ahead. Hannah Abdulla explores.


BRICs: How dairy deal bolsters Lactalis and BRF

Katy Askew | 9 Sep 2014

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.


Parmalat could milk Harvey Fresh in Oz, overseas

Dean Best | 2 Apr 2014

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.


Focus: Saputo looks overseas to offset home trials

Katy Askew | 10 Feb 2014

Canadian dairy giant Saputo is expanding apace internationally as it looks to offset domestic challenges with growth overseas. The group is expanding capacity in Argentina, has taken majority ownership of Australia's Warrnambool Cheese and Butter Factory in Australia and is hungry for more international M&A. Katy Askew reports.

Latest News

Venezuela seizes Nestle, PepsiCo distribution hub

Katy Askew | 4 Aug 2015

A distribution centre serving a number of international food and beverage companies – including Nestle, PepsiCo, Coca Cola and Cargil - and owned by local food giant Empresas Polar has been seized by the Venezuelan authorities.


Parmalat posts mixed H1 results

Hannah Abdulla | 3 Aug 2015

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.


Parmalat net profit drops in 2014

Hannah Abdulla | 9 Mar 2015

Parmalat has reported a fall in net income for the full year on the back of "highly unfavourable" exchange rates.


Grupo Gloria shuts Uruguay Parmalat plant

Paula Krizanovic | 4 Mar 2015

Peru's Grupo Gloria has confirmed a decision to shut down its dairy plant in Nueva Helvecia, Uruguay, where it manufactured Parmalat's products under the brand Ercolat.


Parmalat to close Canada plant, 92 jobs affected

Hannah Abdulla | 20 Feb 2015

Italian dairy firm Parmalat is to cease operations at its Marieville plant in Canada, a move that will affect 92 jobs.


Food industry news of week: Tesco, Fonterra, Mars

Dean Best | 6 Feb 2015

Tesco is to be the first UK retailer investigated for alleged breaches of the country's groceries code in the wake of its mis-statement of profits, it was announced this week. Elsewhere, a staff error led to Fonterra losing its licence to ship cheese to the US and Mars revealed it will close a chewing gum plant in Canada.


Parmalat to buy Mexico cheese assets

Dean Best | 2 Feb 2015

Parmalat has struck a deal to buy a series of cheese assets in Mexico, the Lactalis-owned dairy group's latest move in Latin America.


Food industry news of week: Tesco, General Mills

Dean Best | 9 Jan 2015

Tesco this week claimed it wanted to "regenerate" its relationship with suppliers, with a strategy that looks set to cut the number of SKUs on sale in stores. Meanwhile, speculation emerged Brazilian private-equity firm and Heinz co-owner 3G Capital is looking at further acquisitions in the food industry.


Parmalat to buy Italian dairy Latterie Friulane

Dean Best | 5 Jan 2015

Parmalat has moved to buy the business assets of regional Italian dairy co-operative Consorzio Cooperativo Latterie Friulane.


Parmalat moves for Australian dairy Longwarry

Dean Best | 19 Dec 2014

Parmalat has signed a deal to buy Australian dairy firm Longwarry Food Park.


Parmalat ups guidance for underlying sales, EBITDA

Katy Askew | 10 Nov 2014

Parmalat, the Italian dairy group controlled by Lactalis, has raised its forecasts for annual underlying sales and EBITDA.


Editor's choice: highlights on just-food last week

Dean Best | 8 Sep 2014

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.


Parmalat, Citibank damages quarrel rumbles on

Katy Askew | 5 Sep 2014

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.


Parmalat to buy 11 dairy plants from BRF

Dean Best | 4 Sep 2014

Lactalis-controlled Italian dairy group Parmalat looks set to acquire 11 dairy plants in Brazil from local food processor BRF.


Editor's choice: highlights on just-food last week

Dean Best | 1 Sep 2014

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.


Parmalat nears Lacteos Brasil acquisition

Katy Askew | 26 Aug 2014

Parmalat is nearing a deal to acquire assets from bankrupt Brazilian dairy Lácteos Brasil (LBR).


Parmalat hails underlying improvement in Q2

Dean Best | 5 Aug 2014

Italy-based dairy group Parmalat has said its underlying performance in the second quarter was "significantly better" than the first three months of the year amid pressure from exchange rates and inflation in Venezuela.


Quote, unquote: just-food's week in words

Hannah Abdulla | 30 May 2014

Hitting headlines this week was the bidding war for Hillshire Brands which saw Tyson Foods and Pilgrim's Pride both go head to head. Elsewhere, Peters Food Group was acquired by R&R Ice Cream, while Nestle and Fonterra issued a statement saying they were scaling back their Latin American partnership. Also this week, Synlait Milk announced it was revising its 2014 earnings outlook and Danish Crown announced 190 jobs would go as it chose to close its Bornholm slaughterhouse.


Parmalat profits slump on FX, milk prices

Katy Askew | 15 May 2014

A "sharp increase" in cost of raw milk and the negative impact of currency exchange weighed on first-quarter earnings at Italian dairy giant Parmalat.


just-food's research round-up

just-food Research Team | 17 Apr 2014

just-food's look at the key issues facing the global confectionery sector, the savoury snacks business in Russia and the dairy industry in Australia are among the reports featured in this week's round-up from our research store.


Editor's choice: highlights on just-food last week

Dean Best | 7 Apr 2014

Unilever's business in South Africa was in the spotlight this week after it emerged its offices were raided as part of a probe into collusion. Elsewhere, there were two notable M&A deals in dairy, with Arla Foods looking to merge with Belgium-based EGM Walhorn and Lactalis's Parmalat bolstering its business in Australia with the acquisition of Harvey Fresh.


Parmalat buys Australian dairy Harvey Fresh

Hannah Abdulla | 1 Apr 2014

Italian dairy group Parmalat has moved to increase its presence in Australia with the acquisition of local dairy and beverage firm Harvey Fresh for EUR79m deal (US$108m).


Parmalat lowers FY profit forecast

Katy Askew | 9 Dec 2013

Parmalat has lowered its EBITDA forecast for 2013 citing a "sudden weakening of demand" and higher milk prices.


Parmalat coy about "Oz dairy Harvey Fresh talks"

Dean Best | 18 Nov 2013

Parmalat has refused to be drawn on reports it is in talks to buy Australian dairy Harvey Fresh.

Latest blogs

Parmalat's Lactalis court case comes to an end

Dean Best | 29 May 2014

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.


How Parmalat has received another boost in Australia

Dean Best | 3 Apr 2014

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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