Lactalis acquires Italian cheese maker Nuova Castelli

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 […]

Lactalis Indian subsidiary gets CCI nod to acquire Prabhat’s dairy business

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 […]

Lactalis acquires Egyptian cheesemaker Greenland Group

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’ […]

Lactalis increases stake in Italian dairy Parmalat to 95.81%

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 […]

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, […]

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 […]

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 […]