date:Nov 29, 2012
lled their intention to continue to invest in the business.
Menora added the transaction would enable it to focus on selling and marketing its portfolio of third-party brands. In Australia, it represents brands including Andros' Bonne Maman jam and Greek yoghurt business Chobani.
The deal adds to a Lactalis business in Australia that not only includes Lemnos but also the Parmalat operations it acquired last year when it bought a majority stake in the Italian dairy giant. Australia is one of Pa