A Chilean investment group is reported to be nearing a deal to acquire the local unit of troubled Italian food group Parmalat.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


“The operation may be closed as early as this week,” a source from investment group Inversiones Bethia told the Associated Press.


The source said Bethia would take control of 51% of Parmalat’s Chilean operation through a capital increase operation.


Parmalat’s Chilean unit has struggled to pay its suppliers, and around 200 local milk producers have stopped supplying the company until they receive payment, reported AP.

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 - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now