Italian dairy group Parmalat has reported a rise in first-quarter profits as sales were boosted by higher volumes in Australia and Venezeula, and the weakness of the euro. Parmalat, which in Australia...

Parmalat said today that it had hired Goldman Sachs to advise the company on the EUR3.38bn takeover offer from French rival Lactalis.The Italian dairy giant made the announcement this afternoon after a...

Italian companies are reportedly not preparing a counter-bid for Parmalat, the country’s largest dairy processor and owner of Australian milk brand Paul’s, which is subject to a EUR3.4bn takeover...

An Italian court has backed Parmalat’s plan to delay a shareholder meeting that would likely have seen France’s Lactalis assume a greater role in the management of the Italian dairy firm, which...

Parmalat, the company behind iconic Queensland milk brand Pauls, is pleased to announce the success of its profit donating program which saw over $750,000 raised for Queensland flood relief. On Australia...

Consumer research group Roy Morgan has weighed in on Australia’s supermarket ‘milk war’, with new statistics showing that purchasing of supermarket-branded milk is on the rise, particularly...

French dairy group Lactalis has acquired an 11.42% stake in Italy-based rival Parmalat through an equity-swap deal. The French dairy now owns a 7.28% direct stake in Parmalat and has entered into an equity-swap...

The Queensland Dairyfarmer’s Organisation says that dairy farmers have been hit with the first impacts of the major supermarkets’ milk price war. After receiving their February milk cheques...

Pauls has received strong support from the Queensland community for its campaign to raise money for flood relief. This month Parmalat is donating 100 percent of the profits from the Queensland sales of...

Parmalat today approved its third 2010 Interim Report on Operations, reporting a net increase in revenues of 9.5%, to 3117 million euros, citing strong performance in Australia and Canada, thanks in part...