Americas

Italian dairy company Parmalat had a busy 205, with acquisitions in Latin America, Australia and Italy.

Parmalat directors quit in spite of positive 2015 results

By Jim Cornall

Italian dairy company Parmalat’s net revenue for the financial year ending December 31, 2015, rose from $6.08bn (€5.5bn) to $7.1bn (€6.4bn), however, profits fell from $228m (€205m) in 2014 to $164m (€147.6m).

Photo: thepickyeater

Room for more dairy exports to Mexico, says USDEC

By Rachel Arthur

A boom in US dairy exports to Mexico still has room to grow, according to US Dairy Export Council (USDEC), with companies such as Nestlé using the central American country as a base for the wider area. 

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