AFRICA'S NO.1 FOOD, BEVERAGE & MILLING INDUSTRY MAGAZINE

Third triumph for Woolworths Mature Gouda by Lactalis as South African Dairy Product of the Year

Mar 31, 2021Mar 31, 2021 Editor

SOUTH AFRICA – Lactalis South Africa’s 10-months Mature Gouda, made especially for Woolworths, was crowned the South African Dairy Product of the Year at the South African Dairy Awards. This is the third time in a row that this particular product from Lactalis has scooped the Dairy Product of the Year accolade, an unrivalled achievement for the SA Dairy Championships, now in its 188th year of existence. The Gouda, an aromatic and full-flavoured cheese, was one of almost 900 dairy products from 68 producers that vied for the attention of…

Lactalis eyes acquisition of Dutch cheese brand Leerdammer to boost European presence

Mar 22, 2021Mar 22, 2021 Editor

ITALY – French multinational dairy products corporation, Lactalis has entered into exclusive negotiations with Bel Group to acquire its Dutch cheese brand Leerdammer, as part of efforts to bosst its European presence. Apart from the Leedammer brand, FoodBev reported that the two companies have signed unilateral promises which will see Lactalis acquire also acquire Royal Bel Leerdammer, Bel Shostka Ukraine, and its businesses in Italy and Germany. Under the terms of the deal, Bel subsidiary Sicopa will sell the aforementioned assets in exchange for Lactalis’ 23.16% equity stake in Bel.…

Lactalis Ingredients launches nutritional solution for healthy ageing

Feb 19, 2021Feb 19, 2021 Editor

FRANCE – Lactalis Ingredients, a division of French multinational dairy products corporation Lactalis, has expanded its Pronativ native whey protein range with a new micellar casein isolate targeted at consumers who are proactive about healthy ageing. The company says the new Pronativ Native Micellar Casein contains 88% protein and is suitable for food and beverage enrichment, in particular as a nutritional solution for healthy ageing and medical applications. With its new ingredient, Lactalis aims to meet the rising demand for functional products among an ageing population, as well as younger…

French multinational dairy Lactalis acquires Canadian yogurt maker Ultima Foods

Dec 18, 2020Dec 18, 2020 Editor

CANADA – Lactalis Canada- a subsidiary of French multinational dairy products corporation, Groupe Lactalis- has agreed to acquire all issued shares of Canadian yogurt maker Ultima Foods. Until it is acquired by Lactalis, Ultima Foods remains a subsidiary of Agropur’s – a leading Canadian dairy cooperative. The proposed deal includes the Iögo and Iögo Nanö yogurt brands, and the Olympic yogurt, sour cream and kefir brand. Commenting on the development, Mark Taylor, president and CEO of Lactalis Canada. Said: “this transaction will reinforce Lactalis Canada’s position in the dairy…

Lactis launches fortified milk brand in India to respond to nutrition focus by consumers during Covid-19

Nov 24, 2020Nov 24, 2020 Editor

INDIA – Leading multinational dairy products corporation Groupe Lactalis has launched its popular milk brand Lactel in Indian market in an effort to tap into corona virus induced demand for milk products. The fortified milk brand is targeted at consumers in the country who are seeking more nutritious food and beverage products as a response to the Covid-19 pandemic. Groupe Lactis first entered the Indian market in 2014, and has grown its footprint in the country through an aggressive acquisition strategy, beginning with its acquisition of local dairy company Tirumala.…

Parmalat SA rebrands as Lactalis South Africa as last short of integration into parent company

Feb 25, 2020Feb 25, 2020 Editor

SOUTH AFRICA – Parmalat South Africa, one of the major players in the South African dairy industry has renamed to Lactalis South Africa which came into effect on 1 February 2020. Parmalat SA has been part of the international Lactalis family for the past nine years since the Lactalis Group bought Parmalat in 2011. The local name change to Lactalis South Africa is the final step towards fully integrating the South African business with its international parent company. Marek Warzywoda, Lactalis South Africa general manager, says “the change of name…

Lactalis acquires Italian cheese maker Nuova Castelli

May 31, 2019May 31, 2019 Editor

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 was the frontrunner in the race to acquire the Parmesan cheese business but faced competition from Italian peer Granarolo and private-equity groups. The deal, subject to regulatory approval will enable Lactalis expand its product portfolio in Italy, which now includes Parmalat, Galbani, Invernizzi, Vallelata, Locatelli and Cademartori. According to a report by Les Echos, a…

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

Mar 27, 2019Mar 27, 2019 Editor

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 of the French dairy corporation, Lactalis, providing and supplying dairy products including cream milk; curd cup and pouch; flavored milk; buttermilk. According to ET Retail, the transaction involves sale of 100% shareholding in Sunfresh Agro Industries, a step-down subsidiary of Prabhat, via a share purchase agreement. Lactalis unveiled the intention to buy Prabhat dairy business…

Lactalis acquires Egyptian cheesemaker Greenland Group

Jan 24, 2019Jan 24, 2019 Editor

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’ joint-venture facility, Lactalis-Halawa, just-food reports. In the statement announcing the deal, Lactalis said the acquisition will strengthen the joint venture’s position as the major dairy products manufacturer in Egypt. “The acquisition of Green Land will effectively strengthen our position in the cheese category, but since the start of the partnership with Halawa we always worked…

Lactalis increases stake in Italian dairy Parmalat to 95.81%

Dec 4, 2018Dec 4, 2018 Editor

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 delist Parmalat ordinary shares from the Italian Stock Exchange and take the company private. Lactalis, which previously owned 89.63% stake in Parmalat through its fully-owned company, Sofil S.a.s said it purchased a block of 114,546,237 Parmalat shares representing 6.175% of the Issuer’s share capital, at a price equal to US$3.25 (Euro 2.85) per share. It…