ITALY – French dairy products corporation, Lactalis has confirmed that it has acquired Italian cheese maker Nuova Castelli from private equity firm Charterhouse Capital Partners for an undisclosed sum. Just-Food had earlier reported that Lactalis […]
INDIA – The Competition Commission of India (CCI) has approved Tirumala Milk Products’ bid to acquire Prabhat Dairy’s subsidiary Sunfresh Agro Industries as well as the company’s dairy business. Tirumala Milk Products is a subsidiary […]
EGYPT – Lactalis, French giant dairy group has acquired Greenland Group for Food Industries, an Egyptian cheese maker and subsidiary of Middle East food company Americana Group. The move for Greenland was conducted through Lactalis’ […]
ITALY – French dairy products corporation, Lactalis has increased its stake in the Italian dairy and food counterpart to 95.81% with the transaction expected to complete December 5, 2018. The company is also planning to […]
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, […]
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, […]
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 […]
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 […]
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 […]
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 […]
