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LACTALIS
All infant formula made locally: Nestle IndiaIn a reassuring move for concerned parents, Nestle India highlights that its range of infant formula brands, including Nan Pro, Lactogen, a...- Tainted baby milk hits billionaire clan's powerful dairy empireThe Besnier family's dairy giant, Lactalis, is again in the spotlight. A baby formula recall, similar to one eight years ago, has forced th...
- More baby formula recalls likely after EU caution on toxin limitEurope's food safety watchdog has proposed a near-zero tolerance for a dangerous toxin in baby formula. This strict guidance could trigger ...
- Lactalis Group-owned Anik Dairy names new CEOBasu was previously with Mother Dairy, prior to his role at Prataap Snacks. At Prataap, Basu steered the company to its public listing, and...
- French dairy giant Lactalis may buy Kwality Dairy in fire saleTalks between Lactalis and Kwality Dairy’s creditors have gathered steam over the past few weeks and could result in the former making a fo...
- Lactalis hikes milk procurement price by Re 1; co says move not to impact consumersThe average milk price in Maharashtra is around Rs 30 per litre, and Lactalis will now pay over Rs 30 for the quality of 3.5/8.5 SNF (solid...
- Packaged goods market back to normal: Bizom"Analysis of secondary sales data shows that the number of weekly transacting outlets has increased by 13% - primarily in the eastern and n...
- French dairy giant Lactalis launches immunity boosting milk in India to meet Covid-led demandPositioned as antibiotic free milk with immunity-boosting vitamins A and D, Lactel UHT milk will be produced at the company’s Telegana plan...
- Rains may boost milk output ahead of festivalsIndia’s milk production had dropped 10% in June from a year-ago period but a recovery is expected
- Prabhat Dairy jumps 5% on sale of unit to Tirumala MilkPrabhat Dairy had informed in a regulatory filing in January Tirumala Milk Products was acquiring its dairy business for Rs 1,700 crore.
- Prabhat sale may bring little cream, investors dump stockThe business was sold for 1.1 times company’s FY18 sales of Rs 1,554 crore.
- Lactalis to buy Prabhat Dairy business for Rs 1,700 croreLactalis’ local arm, Tirumala Milk Products, will acquire Prabhat’s dairy business as well as its step-down subsidiary Sunfresh Agro Indust...
- Tirumala Milk's Naidu back in business with new firm Vallabha Milk ProductsNaidu, an active dairy farmer-turned-entrepreneur who wasn’t keen on exiting Tirumala Milk but had to accede to the decision of majority of...
- Rising input costs, falling production and tougher competition trigger consolidation in Dairy sectorFrench diary giant Lactalis last month acquired the dairy business of Indore-based Anik Industries and announced plans to acquire few more ...
- Lactalis eyeing more buyouts in Indian dairy sector to consolidate presenceLast month, the world’s largest dairy group agreed to acquire the dairy business of Indore-based Anik Industries for Rs 470 crore.
- Lactalis eyes more buyouts in Indian dairyWhen contacted, Lactalis India CEO Rahul Kumar admitted their plans to further consolidate the presence in the Indian dairy space through a...
- Sequoia Capital to pick up stake in Tamil Nadu company Milky Mist DairyMilky Mist is a producer of value-added milk products with a portfolio that includes curd, fresh cream, cheese and paneer.
- Le Groupe Lactalis of France to purchase Tirumala Milk Products for $275 mnThe deal gives an entry for the French co in the world largest diary mkt which produces 123 mt of milk now and slated to grow to 190 mt by ...
- Lactalis Group to acquire majority stake in Tirumala Milk ProductsThe French company could pay up to $300 million, valuing south India's second-largest maker of dairy products at over 1,895 crore.
- Lactalis and Friesland Campina in race for buying stake in India's Sterling AgroThe Delhi-headquartered Sterling may attract a valuation of around Rs 1,000-1,200 crore, 10 to 12 times its current EBIDTA.
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