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Parmalat

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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.

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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.

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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.

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"The Great Deceleration" warned a front cover of The Economist in July, as the magazine reflected on a cooling in the BRIC markets. FMCG companies are upbeat about the long-term prospects of these economies but will have to adapt as period of slower growth.

Lactalis, the French dairy heavyweight, has increased its stake in a European subsidiary to more than 95%.

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US food giant Kraft Heinz is selling its Canadian natural cheese business to a major European dairy firm in a US$1.23bn deal.

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just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

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just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

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Up-for-sale Australian dairy processor Murray Goulburn has confirmed it has had approaches from a number of suitors interested in either buying some assets or taking over the whole co-operative.

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Parmalat, the Italian dairy group majority-owned by France's Lactalis, today (12 September) indicated it is having difficulty passing on rising milk costs to customers.

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Parmalat, the Italian dairy giant majority-owned by France's Lactalis, today (12 September) named Jean-Marc Bernier as its CEO and general manager.

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Dairy companies including Australia’s Goodman Fielder and Bega Cheese, as well as Italian giant Parmalat, are reported to be eyeing under-pressure Aussie cooperative Murray Goulburn.

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Just as Italian diary giant Parmalat reported an almost 10% increase in preliminary first-half revenue, albeit due to an unexpected rise in milk prices in its main markets, CEO Yvon Guerin announced he will resign in September.

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Parmalat has reportedly had its fresh milk licence suspended by Chinese regulators, which claim the Italian dairy giant's Australian factory in Clarence Gardens, Adelaide, is applying too much heat during processing.

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Parmalat, the Italy-based dairy group that is majority-owned by France's Lactalis, has reported an 11% rise in first-quarter sales, boosted by exchange rates and recent acquisitions, despite sliding volumes.

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Parmalat, the Italian dairy group majority-owned by France's Lactalis, said today (2 May) the business has acquired two companies operating in the US "ethnic dairy specialities" sector.

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France-based dairy giant Lactalis has failed to reach the 90% stake in Parmalat that it needed to delist the Italian dairy group, according to a filing by the Milan bourse.

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Union leaders in Australia say a pay and conditions row with Lactalis' majority-owned dairy producer Parmalat, which saw employees locked out of a plant in the state of Victoria, is over.

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Lactalis has raised the price it is offering to buy out minority investors in Italian dairy giant Parmalat.

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Parmalat has rejected a report it is involved in talks to settle a long-running legal battle with US bank Citigroup ahead of a full takeover of the Italian dairy group by majority shareholder Lactalis.

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Parmalat, the Italian dairy group that is majority-owned by Lactalis, has said it expects constant currency sales and earnings growth to accelerate during 2017. 

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Parmalat, the Italian dairy group controlled by France's Lactalis, has acquired "several" cheese-making companies in Chile at a combined enterprise value of around EUR100m (US$105m).

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Lactalis-owned holding company Sofil has filed a complaint with Italy's stock market regulator against Parmalat minority shareholder Amber Capital. 

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Union leaders in Australia say progress is being made in talks with Lactalis' majority-owned dairy producer Parmalat in a row over pay and conditions, although workers are still locked out of a plant in the state of Victoria.

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Parmalat, the Italian dairy group controlled by France's Lactalis, has issued sales and EBITDA forecasts for 2017 and 2018.

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French dairy giant Lactalis has been given the green light to launch a takeover offer to secure full control of Italian group Parmalat. 

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Italian dairy group Parmalat has said its preliminary full-year results for 2016 reaffirm its guidance of a 5% increase in net revenue and more than 17% for EBITDA compared with the previous year.

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Union leaders in Australia have called for fresh talks with Lactalis' majority-owned dairy producer Parmalat, after workers were locked out of a plant in the state of Victoria in a dispute over pay and conditions.

The French giant - the world's number two dairy group by sales - has struck another deal in a promising emerging market for dairy.

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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.