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LACTALIS INDIA
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...- Britannia will move to a culture sans hierarchy: New MDBritannia Industries welcomes Rakshit Hargave as its new Managing Director and Chief Executive Officer. Hargave aims to foster an open, hie...
- 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...
- Milk Mantra appoints Sandipan Ghosh as COOSandipan Ghosh takes over from Bibhu Nanda who, having completed his contractual year with Milk Mantra, has moved on for his next assignmen...
- 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
- Budget 2019: Proposals bring cheer to dairy industryFinance Minister Piyush Goyal announced a 2% interest subvention for farmers engaged in animal husbandry and fisheries who take loans throu...
- Dairy industry hails Budget 2019, says measures would increase farmers' incomeFinance Minister Piyush Goyal announced 2% interest subvention for farmers engaged in animal husbandry and fisheries who take loan through ...
- 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...
- Heirs in mid-sized private dairy cos prefer 'urban-centric businesses'; firms being sold to foreign cosTirumala Dairy, for instance, was sold to Lactalis early last year, and many more mid-sized dairy players such as Creamline Dairy, Dodla Da...
- Eight best acquisitions from last yearUday Kotak had to bring down his equity stake in the bank to 30% by January 2016 and 10% by January 2018 to comply with RBI directions.
- 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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