Parmalat Moves in Australia
Parmalat is acquiring Australian dairy and beverage firm Harvey Fresh.
Parmalat, majority owned by French dairy giant Lactalis, said the acquisition "improves the group's export capabilities to the Asiatic markets."
Harvey Fresh operates in the state of Western Australia, where Parmalat has a marginal presence, and produces fresh and UHT milk dairy products, in addition to a significant business in the fruit beverage market. In that area of the country, Harvey Fresh is the second-largest producer in the dairy sector. This company owns two production facilities with approximately 250 employees.