Wednesday, December 06, 2017

For Lactalis company deal with French mining cooperative to buy 100% of the Itambé

SAO PAULO (Reuters)-the French for Lactalis Group, the world's largest dairy producer, signed a contract for the acquisition of 100% shares of Itambé foods, currently held by Central Cooperative of Farmers of Minas Gerais (CCPR).
The operation, which is subject to approval by the Administrative Council for economic defense, should be completed in the first half of next year, according to a statement released on Tuesday.
In September, Cemil bought additional 50% slice of Itambé that belonged to Force food, exercising your right of pre-emption to stop 100% of milk production.
Reuters – 05/12/2017
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