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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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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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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