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... lactalis, the french dairy company, now owns over half of its italian rival parmalat, owner of australian milk brand paul’s, as the eur3 ... the french firm needs to secure 55% of parmalat for the deal to go through ... days later, the french firm upped its stake to 29%, prompting concern in some political and business circles in italy that parmalat would fall into foreign control
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... french retailers battle in brazilcasino has hit out at its fellow shareholder in cbd after a proposal was put forward to merge the brazilian retailer with the local operations of carrefour ... italy: lactalis wins control of parmalat boardlactalis has secured control of the board of takeover target parmalat, which leaves the french dairy giant in a strong position to buy its italian rival
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... french dairy co-operative sodiaal has named frédéric rostand as its new ceo, effective 18 july ... prior to this he was chairman of the board at french sugar processing group, saint-louis
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... dairy crest wishes to either develop or acquire a branded yogurt division to capitalise upon a fast-growing market, despite selling off its uk yogurt business in early 2009 ... dairy crest sold its 49% stake in uk joint venture yoplait dairy crest to yoplait in 2009 the firm sold its 49% stake in uk joint venture yoplait dairy crest – brands included petits filous, frubes, yop and wildlife – to yoplait in 2009 for circa £63 ... however, chief executive mark allen is quoted in the financial times saying that a non-competition agreement with french dairy giant yoplait finished in march ... allen said that dairy crest wanted to move back into branded yogurt, either by developing a new branded business or acquiring one ... allen added that dairy crest was looking at other firms across its branded categories, with a view to making acquisitions, but said the group would not bid for uniq due to its lack of dairy-related products ... “branded yogurt is competitive, but it’s also a big market, and this announcement demonstrates that dairy crest is looking for growth avenues across the chilled dairy cabinet ... ” no uniq interest shirley added: “i’ve got to say i’m relieved that dairy crest isn’t looking at uniq at the moment ... uniq makes most of its money in salads and sandwiches [the food to go division] and dairy crest doesn’t really have that expertise ... uk had not received a comment from dairy crest as we went to press
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... parmalat, which operates in australia under the paul’s, rev and breaka labels, is an italian-owned conglomerate, currently under a takeover bid from french dairy giant lactalis ... last month, industry body australian dairy farmers struck out at coles’ ‘down down’ price reduction campaign on staples, including milk and dairy products, and called on wesfarmers, the retailer’s parent, to “rein in” the business
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... elsewhere in europe, carrefour's french troubles continued, uk ice-cream maker r&r ice cream looked to expand across the channel and nestle was linked to spanish firm cacaolat ... france: carrefour forecasts 35% fall in french profits carrefour, the french retailer, has forecast a 35% fall in half-year profits from its troubled domestic unit ... france: r&r eyes 3a ice cream unit uk-based r&r ice cream is planning to acquire the ice cream division of maison boncolac, part of french dairy co-operative alliance agro alimentaire, or 3a coop
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... ” the financial analyst said lactalis has the know-how to take parmalat’s milk and cheese businesses forward, while its juice operation is likely to be a marginal business for the french dairy
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... france: general mills closes yoplait dealgeneral mills said today (18 may) that it has entered into a definitive agreement to purchase a controlling stake in french yoghurt maker yoplait for eur810m (us$1 ... italy: parmalat turns down lactalis takeover bidparmalat, the italian dairy processor, has turned down a bid from largest shareholder and french dairy giant lactalis to buy the whole of the business ... on the money: dairy crest evaluates \"middle market\" milk businessdairy crest is evaluating its strategy to supply milk to the so-called \"middle market\" of smaller retailers and foodservice customers to revive profitability at its liquid dairy business
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... general mills said today yesterday that it has entered into a definitive agreement to purchase a controlling stake in french yoghurt maker yoplait for eur810m (us$1 ... under the agreement with yoplait’s current owners, private-equity group pai partners and french dairy co-operative sodiaal, general mills with acquire a 51% stake in yoplait and a 50% stake in a related entity that holds the worldwide rights to the yoplait brand ... sodiaal, which founded yoplait, will hold the remaining interest in both groups and the business will be governed by a supervisory board with representation from the french co-op and general mills
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... parmalat, the italian dairy processor and owner of australian dairy brand paul’s, has turned down a bid from largest shareholder and french dairy giant lactalis to buy the whole of the business
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