Leading yogurt manufacturers, Danone, Emmi, Lactalis Nestlé, Yoplait, and Müller, have joined forces to launch the first UK industry body dedicated to promoting the nutritional benefits of yogurt.
Italian dairy giant Parmalat has drafted in a team of independent experts for the second time to assess “the overall process” followed by its board in regard to the acquisition of Lactalis American Group (LAG).
Italian dairy giant Parmalat has requested a $144m (€110m) reduction in the price it paid to acquire its sister unit, Lactalis American Group (LAG), from Lactalis in May 2012.
French dairy giant, Lactalis, is on the verge of acquiring Saputo’s soon-to-close cheese manufacturing facility in Heiden, Germany for an undisclosed price.
The civil investigation into Parmalat’s May 2012 $904m intra-group acquisition of Lactalis American Group (LAG) has appointed a special commissioner to oversee an audit calculating a final price for the disputed deal.
Parmalat has moved to dispel concerns about the legality of its intra-group acquisition of Lactalis American Group (LAG) by revealing better than expected financial results that “confirm the profitability” of the business.
Parmalat is confident of a positive outcome in the civil hearing into its acquisition of Lactalis American Group (LAG) – despite yesterday’s request by prosecutors to remove the company’s board to enable the annulment of the deal.
Italian prosecutors have asked for Parmalat’s $904m acquisition of Lactalis American Group (LAG) to be cancelled and the Parma-based dairy giant’s board to be removed, according to reports.
The Italian headquarters of Parmalat and its owner, French dairy giant Lactalis, have been searched by Italian police as part of an investigation into Parmalat’s May 2012 intra-group acquisition of Lactalis American Group (LAG).
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.
Groupe Lactalis’ bid to take over Sweden’s second largest dairy player fits with the French firm’s strategy of reducing its reliance on cheese, and would give it further brands with which to pursue milk product growth in emerging markets, according to...
Lactalis has acquired a 29 per cent share in Parmalat as the Italian government looks into ways of preventing the dairy company from falling into foreign hands.
The Spanish subsidiary of French dairy giant Lactalis has paid €8.28m for 29.9 per cent of the ingredients research division of Spanish dairy group Ebro Foods, which produces the omega-3 forms for Ebro Puleva’s successful €100m+ selling omega-3 milk.
