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Lactalis

All the posts published.
1 MIN READ

Brazil: Fonterra and Nestle to sell DPA Brazil joint venture

December 19, 2022
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Food, Latin America, Mergers & Acquisitions

Dairy firm Fonterra and FMCG multinational Nestle have agreed to sell Dairy Partners Americas (DPA) Brazil joint venture to French dairy company Lactalis for BRL 700 million (approx. $133 million), subject to closing transaction adjustments. The sale, which has been delayed due to the pandemic related market conditions, is aligned with the co-op’s strategy of prioritising its New Zealand milk pool. Created in 2023, Fonterra holds 51% stake and Nestle …

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1 MIN READ

Australia: Lactalis to acquire yogurt firm Jalna

May 24, 2022
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Asia Pacific, Food, Mergers & Acquisitions

Lactalis, the French dairy giant, has confirmed the acquisition of Australia-based yogurt maker Jalna Dairy Foods together with a yogurt production facility in Melbourne and a milk farm in northern Victoria with around 90 employees, where the terms of the transaction weren’t disclosed. Jalna has a portfolio of yogurts made by blending pure milk with probiotics and natural ingredients. “This transaction expands Lactalis Australia’s yogurt portfolio of iconic brands with the …

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1 MIN READ

Germany: Lactalis to acquire BMI dairy assets

April 11, 2022
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Europe, Food, Mergers & Acquisitions

French dairy company Lactalis has entered into an agreement to acquire dairy businesses and brands of German company Bayerische Milchindustrie eG (BMI). According to sources, the agreement includes the firm’s production of fresh milk, yoghurt, quark, cream and ayran – a yoghurt beverage – as well as the manufacturing site in Wurzburg, Bavaria. BMI currently operates seven production facilities in Bavaria and Saxony-Anhalt and after the deal, the company plans …

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1 MIN READ

Canada: Lactalis Canada buys Ultima Foods

December 29, 2020
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Food, Mergers & Acquisitions, North America

Lactalis Canada, a subsidiary of French dairy giant Lactalis, has announced the acquisition of yoghurt and fresh dairy firm Ultima Foods from Agropur Group. According to the company, the transaction includes all shares in Ultima Foods, and the Iogo, Iogo Nano, and Olympic brands as well as yoghurt production facilities in several locations. With the acquisition, Lactalis Canada will add 450 employees to its workforce of 3,500 employees operating in …

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1 MIN READ

USA: Lactalis acquires Ehrmann’s US yoghurt division

July 9, 2019
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Food, Mergers & Acquisitions, North America

Lactalis, the French dairy giant, has announced it has acquired Ehrmann Commonwealth Dairy, the US yoghurt business of German dairy firm Ehrmann. Ehrmann Commonwealth Dairy has two manufacturing facilities employing 250 people in the state of Arizona. The company makes and distributes yoghurt and other dairy products under the Green Mountain Creamery and Liebe brands, and also has a private label business. “The Ehrmann acquisition is a terrific complement to …

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1 MIN READ

Italy: Lactalis buys Nuova Castelli

May 31, 2019
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Europe, Food, Mergers & Acquisitions

French dairy giant Lactalis has announced the acquisition of Italian cheese maker Nuova Castelli, which was majority owned by private equity firm Charterhouse Capital Partners. With the acquisition of Nuova Castelli, Lactalis said it would strengthen its position in Italy where it currently operates 29 production sites and has a workforce of over 5,500 people. Nuova Castelli makes traditional Italian cheese with protected designation of origin (PDO) cerftification, including parmesan, gorgonzola …

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1 MIN READ

Egypt: Lactalis acquires Greenland from Americana Group

January 24, 2019
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Food, Mergers & Acquisitions, Middle East & Africa, Non-Alcoholic Drinks

Dairy giant Lactalis is expanding its presence in the Middle East with the acqusition of milk and cheese firm Greenfield from Kuwaiti restaurant and foods business Americana Group. The French firm said the acquisition will strengthen the position of its Lactalis Halawa joint venture as a major producer of dairy products in Egypt, and demonstrated its interest in developing the Egyptian market. Founded in 1995, Greenfield owns 5 factories in Egypt and employs 1,250 …

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1 MIN READ

India: Lactalis announces deal for Prabhat Dairy

January 22, 2019
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Asia Pacific, Food, Mergers & Acquisitions

Lactalis, the French dairy giant, has announced it has acquired the Indian milk processor Prabhat Dairy, with the operation set to be effective at the beginning of the second quarter of 2019. Economic Times reports that Lactalis paid about 1,700 crore INR ($283 million) through a slump sale, and that the deal includes Prabhat Dairy’s milk processing business as well as its subsidiary Sunfresh Agro Industries. Established in 1998 in Shrirampur, Maharashtra, Prabhat Dairy …

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1 MIN READ

Malaysia: Nestle to strengthen presence with manufacturing expansion

October 10, 2018
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Asia Pacific, Manufacture & Distribution, Mergers & Acquisitions, Non-Alcoholic Drinks

Nestle’s Malaysia arm is to invest over 100 million MYR ($24 million) to expand its Chembong Milo production facility, investing in what the company describes as a “key manufacturing hub”. According to Nestle, the Chembong facility expansion will establish the world’s biggest Milo manufacturing centre, with capacity to better meet growing local and export demand. “This move is an investment to further strengthen our Nestle presence in Malaysia”, commented Alois Hofbauer, CEO of Nestle …

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1 MIN READ

USA: Stonyfield debuts ‘no spoon’ yoghurt snack

August 16, 2018
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Food, North America, Products

Leading US organic yoghurt maker Stonyfield, part of the Lactalis group, has launched its new Snack Pack range targeting “families on the move”. Featuring organic low fat yogurt together with a sweet or salty ‘dipper’, the new line is available in the varieties Strawberry Yoghurt with Graham Crackers, Chocolate Flavoured Yoghurt with Graham Crackers and Chocolate Flavoured Yoghurt with Pretzels. Each Stonyfield snack pack has suggested retail price of $2.29 …

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1 MIN READ

Brazil: Lactalis acquires Itambe Alimentos

December 12, 2017
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Food, Latin America, Mergers & Acquisitions, Non-Alcoholic Drinks

Lactalis, the global dairy giant, is to cement its presence on the Brazilian market with the acquisition of milk processor Itambe Alimentos from CCPR, a dairy cooperative based in Minas Gerais. CCPR excercised a right to acquire the outstanding 50% of Itambe Alimentos from fellow Brazilian firm Vigor, following the latter’s acquisition by Mexican dairy giant Grupo Lala. The deal value will be in the order of $600 million, according to …

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1 MIN READ

France: Lactalis to acquire dairy producer Omira

May 25, 2017
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Europe, Food, Mergers & Acquisitions

Lactalis, the French dairy multinational, has secured an agreement to acquire German dairy producer Omira. Omira, one of the largest dairies in southern Germany, produces 830 million kilograms of milk per year. It produces UHT milk and dairy-based desserts, as well as lactose-free products under the Minus L brand, in its two facilities in Neuberg and Ravensburg. According to sources, Lactalis will guarantee milk prices for Omira’s 2,600 suppliers for …

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1 MIN READ

Chile: Parmalat acquires cheese companies

March 3, 2017
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Latin America, Mergers & Acquisitions

Parmalat, the Italian dairy firm owned by the Lactalis group, has announced the acquisition, through its subsidiary La Vaquita Holding, of a number of Chilean companies specialised in the production of cheese. According to company press release, four cheese facilities were acquired for about € 100 million (£ 86 million), where the full amount was financed with the company’s own resources. With the new acquisition, Parmalat said to aimed to strengthen …

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1 MIN READ

France: Lactalis to sell Lauki and acquire Graindorge

June 15, 2016
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Europe, Food

French dairy group Lactalis has announced the sale of its Lauki business in Spain and the acquisition of French cheese producer Graindorge. According to an article in Revista Inforetail, the company expects negotiations on the Lauki business to start by 20th June 2016 and, thereafter, contacts with potential buyers to be made. On top of the sale of Lauki, Lactalsis has also announced the acquisition of French cheesemaker Graindorge, a …

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1 MIN READ

India: Lactalis set to acquire Anik’s dairy business

April 5, 2016
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Asia Pacific, Food

Lactalis, the French dairy multinational, has agreed a deal to acquire the dairy business of Indian firm Anik Industries, according to reports in Just Food and Les Echos. Subject to competition clearance, the deal, which is valued at 4.7 billion INR ($70.6 million), is expected to be concluded within the space of four months. The acquisition includes two plants, one located in Bhopal in Madya Pradesh and the second in Etar …

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1 MIN READ

France: Lactalis looks to acquire Albalact

February 5, 2016
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Europe, Food, Mergers & Acquisitions

French dairy giant Lactalis is aiming to close a deal to acquire the leading Romanian dairy player Albalact, according to a report in Romania Insider. Present in the Romanian dairy space for more than 40 years, Albalact produces milk and fresh dairy products in a facility in Oiejdea, and a range of cheese at a plant in Raraul. It owns Romania’s leading milk brand Zuzu and also holds the best-selling brand …

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1 MIN READ

Uruguay: Groupe Lactalis relaunches Parmalat brand

December 7, 2015
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Manufacture & Distribution, Products

After an extended absence, the Parmalat brand is being returned to Uruguay by the multinational dairy firm Lactalis. Parmalat products had ceased to be available in Uruguay, since Ecolat, the company with the previous licence to the brand, closed its operations in the country earlier this year. Alongside Parmalat, the French dairy firm is also planning to introduce its President and Galbani brands in the country. Under the Parmalat brand, …

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1 MIN READ

Switzerland: Nestle maintains status as the world’s biggest dairy company

August 10, 2015
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Europe, Financial, Non-Alcoholic Drinks

According to the Rabobank ranking for the year 2014, the Swiss company Nestle has maintained its positioned as the biggest dairy company in the world, with a total annual turnover of €20.9 billion ($23.2 billion). The French companies Lactalis (€14.7 billion / $16.3 billion) and Danone (€14.6 billion / $16.2 billion) made it to second and third positions, changing places compared to the 2013 ranking. The fourth place was taken …

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1 MIN READ

Turkey: Yildiz Holding to sell dairy firm AK Gida to Lactalis

May 12, 2015
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Europe, Food

Yildiz Holding, the largest food group in Turkey, has made an agreement to sell its AK Gida dairy unit to French food giant Lactalis. According to local reports, Lactalis will take an 80% stake in Istanbul-based AK Gida at an estimated value of $800m and Yildiz’s stake will decrease from 33% to 10%. Speaking to Dairy Reporter, Michel Nalet, a Lactalis spokesmanm, said: “It’s a great opportunity for Lactalis to …

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1 MIN READ

Italy: Parmalat to acquire Mexican dairy companies

February 3, 2015
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Europe, Food

Italian dairy producer Parmalat has announced that it has signed an agreement to acquire of a group of Mexican companies specialized in the manufacturing and distribution of dairy products, especially cheese. Through the deal, Parmalat said it would acquire market-leading brands including Esmeralda, El Ciervo, Mariposa and La Campesina Holandesa. The businesses involved in the acquisition employ around 4,000 people, operate four production plants in Latin America (one in Mexico, …

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1 MIN READ

Brazil: BRF to sell dairy assets to Lactalis

September 8, 2014
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Food, Latin America

Dairy firm Parmalat, a subsidiary of dairy giant Lactalis, is to acquire the dairy units of Brazilian food company BRF for $805 million. The deal will seee Lactalis Group will became the second largest dairy company in Brazil. “Lactalis intends to use the Parmalat brand in Brazil, as it does in other emerging markets”, said Samuel Oliveira, a director at Indusval & Partners bank which represented Lactalis in the deal. …

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1 MIN READ

Australia: Harvey Fresh sold to Parmalat

April 3, 2014
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Asia Pacific, Food

Harvey Fresh, the Western Australian (WA) family-owned company, has been sold to Italian dairy group Parmalat for $117 million. According to Parmalat, the move into WA is aimed at improving its capacity to export into Asia and the Harvey Fresh brand will be retained on milk, cheese, cream and juice products. Four existing Harvey Fresh directors will also continue to be involved in the business as consultants. Parmalat CEO Craig …

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1 MIN READ

India: Lactalis to purchase dairy firm Tirumala Milk Products, industry sources say

January 13, 2014
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Asia Pacific, Food

Reuters is reporting that the French company Lactalis, one of Europe’s biggest dairy groups, has agreed to buy a 100% stake in India’s Tirumala Milk Products. The deal, disclosed to Reuters by “two sources with direct knowledge of the matter”, is reportedly valued at between $250 & $300 million. Under the terms of the deal, the French firm will buy shares from Tirumala’s founders, who own 80% of the business, …

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1 MIN READ

Italy: Parmalat revises down EBITDA forecast

December 13, 2013
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Europe, Food

Italian dairy manufacturer Parmalat has announced a lower EBITDA forecast, the result of a downturn in demand for its products and an upsurge in milk prices. Blaming a “sudden weakening of demand” and a “substantial” increase in the cost of raw materials, Parmalat now expects EBITDA to grow around 2% to the year ending December.  Previously its estimate was for EBITDA growth of 5%. In a statement, the company claimed …

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