Commission authorises transfer of certain assets of Parmalat to Lactalis Nestlé Produits Frais
The European Commission has approved, under the Merger Regulation, the transfer of the Target - certain assets of Parmalat (a wholly-owned subsidiary of Lactalis Group), to Lactalis Nestlé Produits Frais (LNPF), the latter jointly controlled by Lactalis Group and Nestlé Group.
The Target specialises in the production and supply of chilled dairy products, almost exclusively in Italy, under its own brands as well as under private labels.Lactalis (of Italy) is mainly active in the production and commercialisation of milk and dairy products. Nestlé (of Switzerland) is mainly active in the production and commercialisation of food and beverages, including dairy products. LNPF’s activities include the production and supply of var