Lactalis: A Dominant Force in the Global Dairy Industry

Company Name: Lactalis

Location: Laval, Mayenne, France

Financial Performance

In 2024, Lactalis reported impressive revenue figures of €30.3 billion, reflecting its robust global expansion strategy. However, the company's net profits were affected by a 19% decline due to a significant tax settlement in France.

Important Company Events

• Colombian Expansion: Strategic investments in Colombia have enhanced local employment and economic growth.
• Southern Germany Acquisition: Acquisition of BMI dairy assets strengthened Lactalis' presence in one of Europe's largest dairy regions.
• South African Ventures: Acquisition of Cremora creamer business from Nestlé marked a significant expansion in Africa.
• U.S. Market Expansion: Acquisition of General Mills' U.S. yogurt business boosted North American operations.
• Investment in Brazil: €55.3 million was invested to upgrade facilities in Paraná and Minas Gerais.
• Potential Plant Closure: Considerations are underway to close the Cardona plant, impacting around 150 jobs.
• Controversies: Allegations of questionable pricing practices in Galicia have attracted scrutiny.
• Queijos Tavares Acquisition: On May 5, 2025, Lactalis announced the purchase of Portugal's Queijos Tavares, expanding its cheese manufacturing sector.

Company Plans

Lactalis is focused on further global expansion, enhancing market penetration, and diversifying product offerings. The company is committed to innovation in eco-friendly packaging solutions and is interested in bidding for Fonterra's Australian assets.

Management

Emmanuel Besnier serves as the CEO, driving Lactalis' growth and maintaining its competitive edge in the global dairy industry.

Conclusion

With a milestone achievement of over €30 billion in revenue for the first time in 2024, Lactalis solidifies its status as France's largest dairy group. Ongoing expansions in Colombia, Germany, South Africa, the USA, strategic investments in Brazil, and a recent acquisition in Portugal highlight the company's trajectory towards sustained growth and a stronger global presence.

Lactalis also faces fines exceeding 20 million euros as part of a broader 80.2 million euro penalty in 2019.

Modified: 2025/05/18