Spanish dairy company Clesa has rejected reports that bankrupt parent Parmalat is looking into selling it to local investment family Ruiz Mateos.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
A Clesa official said the report in financial daily Expansion was “completely false.” She reiterated prior company assertions that Parmalat’s legal woes will not affect the Italian dairy group’s 100% Spanish subsidiary. Clesa has always maintained separate accounts and commercial channels, the spokeswoman explained.
In other developments Clesa, which has factories in Leon and Burgos, Northern Spain, said it launched a new line of functional yoghurts called Activ Soja. The company makes milk, chocolate drink Cacaolat and other dairy staples.
