Paris | Reuters – Lactalis, the world’s largest dairy company, is to reduce the volume of milk it processes in France, a move it said is aimed at reducing its […] Read more
Tag Archives lactalis
French farmers fear for dairy herd as Lactalis cuts milk purchases
Lactalis to shift from milk to near-milk at Sudbury
Facility to halt fluid milk processing, switch to plant-based product lines
The processor of the Beatrice and Lactantia milk brands plans to put its fluid milk processing plant in northern Ontario over to plant-based dairy substitutes. The Canadian arm of France’s […] Read more
Lactalis to buy Agropur’s yogurt business
Deal to include two processing plants, major yogurt brands
Canadian dairy co-operative Agropur has reached a deal to sell its yogurt processing business and plants to the Canadian arm of French dairy giant Groupe Lactalis. The deal, as announced […] Read more
Kraft Heinz to sell several cheese businesses to Lactalis
Canadian grated cheese lines among assets going for US$3.2 billion
Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After […] Read more
Lactalis still short in bid to delist Parmalat
Milan | Reuters — France’s Lactalis has not secured the 90 per cent stake in Parmalat it needed to press ahead with plans to delist the Italian food company, a […] Read more
Lactalis short of threshold to delist Parmalat
Milan | Reuters — France’s Lactalis failed to reach the 90 per cent stake in Parmalat it required to proceed to delist the Italian food company in the last day […] Read more
Lactalis offer for Italy’s Parmalat seen too low
Milan | Reuters — Parmalat activist investor Amber Capital believes the price of a buyout offer by France’s Lactalis undervalues the Italian dairy group and won’t be tendering its three […] Read more