Sentences with phrase «dairy giant parmalat»

Italian dairy giant Parmalat has signed a deal to acquire Western Australia's family - owned dairy and juice company, Harvey Fresh, for $ 79 million, sources said on Tuesday.

Uncertainties over milk purchasing levels and payments caused by the financial crisis at dairy giant Parmalat is forcing southern European farmers into a race to secure guaranteed sales that may quickly put pressure on milk prices.

Not exact matches

In an attempt to stabilise its Australian operations and improve returns, dairy giant Fonterra will sell its yoghurt and dessert business to the Aussie subsidiary of Italy - based Parmalat.

Parmalat Australia chief executive Craig Garvin says the French - owned dairy giant will keep hunting for quality acquisitions after its $ 120 million acquisition of Western Australia's biggest dairy exporter, Harvey Fresh.