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Parmalat receives approval for $904m acquisition of Lactalis American Group
date:May 25, 2012
its revenues due to value-added products such as cheese; facilitates export from Canada to the US; and provides access to high growth markets such as Brazil and Mexico.


Lactalis American Group, which operates primarily in the US, owns international brands such as Galbani and Prsident, and local brands such as Sorrento, Precious and Mozzarella Fresca.


As Parmalat and LAG are owned by the same company - Belgium-based BSA International, Italian media had suggested that the acquisition was merel

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