Italian dairy giant Parmalat has moved to strengthen its market position Down Under through the acquisition of Australian dairy and juice product manufacturer Harvey Fresh.
Italian dairy giant Parmalat has confirmed reports that it has entered into “exclusive” negotiations to acquire a stake in Brazilian dairy processor, LBR Lacteos do Brasil (LBR).
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.
Disgraced Italian dairy giant Parmalat, still suffering from 2003's
fraud revelations, has posted a jump in first-quarter income -
thanks to CEO Enrico Bondi's recuperation strategy.
