Thursday, February 01, 2018

CADE approves purchase of Itambé at the French group for Lactalis

SAO PAULO-the supervision of the Administrative Council for economic Defense (Cade) approved without restrictions by the French group purchase for Lactalis of 100% of milk-producing Itambé, according to dispatches published in the Diário Oficial da União This Tuesday.
The Central Cooperative of growers in Minas Gerais (CCPR) hit the 100% sale of Itambé French group in early December for about 600 million dollars.
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.
DCI - 30/01/2018
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