La Vaquita

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 …