date:May 24, 2012
roup acquisition, he added.
Cheese market
The acquisition will offer Parmalat a move into the soft and fresh cheese market, which the firm is currently virtually absent from, as well as further opportunities to export cheese from Canada to the US.
Lactalis American Group, which recorded revenues of $973.3m in 2011, operates mainly in the US, producing and distributing cheese and other dairy products.
Its portfolio includes international brands such as Galbani and President and local brands