Nestle Malaysia to sell chilled dairy business to Lactalis for US$40m

MALASYIA - Lactalis, the world’s largest dairy firm, haS agreed to buy the chilled dairy business of Nestle in Malaysia, which generates revenues of US$24 million, in a deal worth around US$40 million. According Reuters, the deal is expected to take effect next January, following the earlier acquisition by Lactalis of the Stonyfield organic yoghurt…

Siggi’s appoints Carlos Altschul as new CEO replacing Bart Adlam

USA - Siggi’s, the Lactalis-owned maker of Icelandic-style yogurt, has appointed Carlos Altschul as its new CEO, replacing Bart Adlam who has left the company to pursue a new business opportunity. According to the company, with the rise in consumer demand for cleaner, higher-quality foods with lower sugar, it views this as the optimal time…

Drugmaker Aspen sells baby formula unit to French dairy group Lactalis for US$860m

SOUTH AFRICA - Aspen Pharmacare, the South African pharmaceuticals concern firm and Africa’s largest drug company has agreed to sell its infant formula business to French dairy group Lactalis International for US$864 million (12.9 billion Rand) as it seeks to cash on the division, reports Bloomberg. The acquisition will be funded by cash and according…

Nestle, French Lactalis, Danone tops the Dairy Top 20 list in Rabobank’s report

WORLD - The Global Dairy Top 20 list has seen no new entrants but shifts in positions, topped by the world’s largest food and beverage company Nestle SA, then French Lactalis which swapped places with Paris based food products corporation, Danone. Their combined turnover was positively impacted by dairy price recovery which increased 7.2% in…

Human errors involved in managing contaminated Lactalis’ baby milk

FRANCE - French retailers have blamed human errors to be involved in managing the contaminated Lactalis baby milk, a position they have defended concerning the Lactalis baby milk scandal. The retailers, who included representatives from Carrefour, Casino, Leclerc, Intermarché, Auchan, Système U and Cora said that despite Lactalis’ move to recall its baby milk, they…

Retailers say they continued to receive Lactalis baby milk after recall

FRANCE - French retailers, defending their role in a contaminated baby milk scandal on Wednesday, said they had received products after the recall deadline and that communication by dairy producer Lactalis was confusing. Lactalis, one of the world's largest dairy groups, recalled 12 million tins in France and around the world after babies were taken…

Lactalis admits its milk could have been tainted for more than 10 years

FRANCE - The French dairy group at the centre of a baby milk scandal, Lactalis, has admitted some of its products may have been tainted over more than a decade. Millions of boxes of powdered milk have been recalled worldwide following a salmonella outbreak last year. Researchers say that the exact same strain of salmonella…

Mass recall of French-made baby milk over Salmonella fears

FRANCE - A tainted baby milk scandal affecting some 30 countries is growing, as French dairy giant Lactalis recalled millions more products globally because of fears of Salmonella contamination. Lactalis had already recalled several million baby milk products earlier this month. On Thursday, the company expanded the recall to all products made in its factory…

Lactalis baby milk in global recall over Salmonella fears

FRANCE - French baby milk formula maker Lactalis has ordered a global product recall over fears of salmonella contamination. Health authorities in France said 26 infants in the country have become sick since early December. The recall affects products and exports to countries including Britain, China, Pakistan, Bangladesh and Sudan. It covers hundreds of baby…