date:May 24, 2012
escribing the acquisition as an industrial strategic investment.
For Parmalat, the takeover will offer them many opportunities; entry into the US dairy market, a stronger position in South America and an expanded cheese offering.
Parmalat spokesman Fabio Caporizzi told DairyReporter.com that the agreement signifies the return to an important market.
Strengthened position
The company lost a lot of opportunities after the 2004 crash, said Caporizzi.But through this acquisition we have stre