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Current Position:Home » News » Agri & Animal Products » Dairy Products » Topic

Parmalat buys Australia's Harvey Fresh in 79 mln euro deal

Zoom in font  Zoom out font Published: 2014-04-01  Views: 5
Core Tip: Italian food group Parmalat said on Monday that it has bought Australian dairy firm Harvey Fresh in a 79 million euro deal, strengthening its position in Australia and Asia.
Italian food group Parmalat said on Monday that it has bought Australian dairy firm Harvey Fresh in a 79 million euro deal, strengthening its position in Australia and Asia.

Parmalat, owned by France's Lactalis, said in a statement that the acquisition was funded entirely through its own resources.

Harvey Fresh employs about 250 people and had revenues of 113 million euros last year.

 
 
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