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

Premium Insights

The gold standard of business intelligence.

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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.