Russian diary giant Wimm-Bill-Dann Foods has paid close to US$2.3m for the controlling 50.87% stake in dairy company Novokuibyshevskmoloko in the Samara region.
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Novokuibyshevskmoloko, which produces powdered low-fat milk, milk and sour-milk products, will see its capacity expanded from 60 tonnes per day to 170-200 tonnes per day by 2005, under plans revealed by Wimm-Bill-Dann.
