date:Jul 21, 2012
tion of Parmalat and Sknemejerier, Lactalis has moved from fourth into third position, and is now within striking distance of Danone.
Many of the top 20 completed acquisitions or entered joint ventures often in emerging dairy markets - during 2011 in an effort to strengthen their global positions.
According to the Rabobank report, 16 of the top 20 invested in regions such as Asia and Latin America, with 15 pumping money into the rapidly expanding Chinese dairy market.
The report added that W