French dairy group Lactalis has got approval from Brazilian antitrust authority to purchase the dairy units of food processor BRF SA in a deal worth $594m. Lactalis will execute the deal through its Parmalat subsidiary in Brazil. ...
Tags: dairy group, Lactalis, Dairy
French dairy group Lactalis is in negotiations to acquire Canadian dairy processor Saputo's cheese manufacturing facility in Germany for an undisclosed amount. Saputo's German facility manufactures Italian specialty cheeses for the retail ...
Tags: French dairy group, Food
French dairy group Danone has warned that its profits will be hit by weaker margins during fiscal 2012. Danone today (19 June) lowered its margins outlook for the financial year from "stable" to "down 50 basis points", citing a weak ...
Tags: margins outlook, Sales target, margins