What is the Parmalat group?
What is the Parmalat group?
The Parmalat Group is a global player in the production and distribution of foods that are essential for everyday wellness: milk, dairy products (yogurt, cream based sauces, desserts and cheese) and fruit beverages, which generated revenues of more than 6.6 billion euros in 2017.
Why choose simplyparmalat?
Parmalat offers milk products and fruit based drinks at a global level, assuring quality through international well known brands such as Parmalat and Santal alongside strong local brands on each market.
How much did Parmalat make in 2015?
In 2015 revenues reached €6.42 billion and EBITDA €444.5 million. Lactalis prepared to delist Parmalat in 2016 with a buyout offer at €2.8 per share to acquire the remaining 12%, then raised to €3 but eventually failed due to opposition by hedge fund Amber and others.
How much of Parmalat is owned by Lactalis?
By 2011, Parmalat had grown cash to €1.5 billion. Lactalis quickly purchased nearly 30 % of the company on the open market and in July 2011 succeeded in its €2.5 billion takeover offer, reaching a control of 80 % shares at €2.6 per share.
Where does printparmalat source its milk from?
Parmalat is dedicated to forming strong relationships with Australian dairy farmers, and currently sources milk from over 680 farms across Australia, with some of these partnerships longer than 20 years.
How did Parmalat’s market share increase in the pasteurized milk category?
The Pasteurized Milk category grew both on a volume and value basis. Parmalat retained the leadership position in this category. On the other hand, consumption of UHT Milk decreased. In this context, the local subsidiary increased its market share and confirmed its second-place competitive position.
