It does not receive public funding
Editor in chief:
CLARA MOSCHINI

Facebook Twitter Youtube Instagram LinkedIn

Lactalis exits Argentina

Plant sold taken over with acquisition of Mexican Dairy Partners

French dairy giant Lactalis has sold its latest Argentine plant to a local operator for an undisclosed sum. "This Argentine site was part of a larger acquisition made in Mexico," a company spokesperson stressed.

The divestment comes after Lactalis, in December 2022, acquired Dairy Partners America, the Brazilian joint venture of Fonterra and Nestlé, paid about $133 million (see EFA News titled Lactalis buys Dairy Partners America and expands in Brazil).

In 2021, according to Rabobank's annual Global Dairy Top 20, Lactalis surpassed Nestlé as the world's largest dairy producer and is the second largest food producer in France, after Danone

fc - 30063

EFA News - European Food Agency
Similar
◄ Previous page