The Brazilian unit of troubled Italian food group Parmalat has halted more than half of its production lines due to its financial difficulties.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Parmalat Brasil Industria de Alimentos filed for bankruptcy protection last week as it had difficulties paying suppliers and creditors amid the current financial crisis at its Italian parent.


“Parmalat’s Brazil operations are fast approaching a make or break decision point,” a source told Reuters. “The current legal context severely restricts their ability to gain protection from creditors while a rescue plan is devised.”  


Parmalat Brasil’s press office told Reuters it had suspended 60% of its production lines and that its output was varying due to inconsistent deliveries from suppliers.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now