Parmalat SpA has reached a settlement with BNL and Ifitalia regarding revocatory and damages actions filed by the company.

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


BNL, also acting on behalf of Ifitalia, has agreed to pay Parmalat EUR103m in settlement of revocatory actions and EUR9m in settlement of damages claims.


In addition, BNL and Ifitalia have agreed to forego the right to file claims with the bankruptcy court in Parmalat’s bankruptcy case for a value equivalent to the EUR103m returned to the company in the revocatory settlement. Ifitalia has also renounced objections previously raised in relation to Parmalat’s list of creditors.


Following the settlement, Parmalat, BNL and Ifitalia has withdrawn all pending actions against one another.


“BNL, Ifitalia and Parmalat express their satisfaction at the settlement which will set in place the conditions for a fruitful future relationship,” the companies said in a joint statement.

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