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Lactalis agrees to acquire Slovenian dairy processor

By Mark Astley , 30-Oct-2012

Lactalis has agreed to acquire a majority stake in leading Slovenian diary processor Ljubljanske Mlekarne – a move the French dairy giant hopes will strengthen its position in South East Europe.

The transaction, which is subject to approval from the Slovenian anti-trust authorites, was agreed with five shareholders of Ljubljanske Mlekarne – NFD Holding, Factor Banka, Mutual Fund KD Delniški Dohodkovni, KD Banka, and Sava.

If the takeover is approved, Lactalis will gain a 50.3% majority interest in the firm, which recorded turnover of €154m in 2011.

The firm, which boasts processing facilities in Ljubljana, Maribor, Kocevje, and Tuzla in Bosnia-Herzegovina, manufactures fresh milk, cream, yogurts, cheese and ice cream.

“Ljubljanske Mlekarne will strengthen Lactalis role in the South-East Europe region, where Lactalis Group is a major player on the dairy market,” said a statement from Lactalis.

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