Lactalis: A Global Dairy Powerhouse
Lactalis, based in Laval, Mayenne, France, stands as the largest dairy company globally, boasting an extensive network of over 260 factories and distributing a diverse range of dairy products across more than 90 countries.
Financial Performance
In 2024, Lactalis reached a significant revenue milestone of €30.3 billion, despite a 19% decline in net profits due to a substantial tax settlement in France. By 2025, the company's revenues increased to €31.2 billion, marking a 2.9% growth from the previous year.
Important Company Events
Lactalis has actively expanded its global footprint through various strategic acquisitions and investments:
- Invested in Colombia to boost local employment and stimulate economic growth.
- Acquired BMI dairy assets in Southern Germany to enhance its European presence.
- Purchased the Cremora creamer business from Nestlé, increasing market reach in Africa.
- Acquired General Mills' U.S. yogurt business in North America.
- Invested €55.3 million in Brazil to improve facilities in Paraná and Minas Gerais.
- On May 5, 2025, acquired Portugal's Queijos Tavares to strengthen cheese manufacturing capabilities.
- Completed a $3.4 billion acquisition of Fonterra's Australian operations, marking a significant milestone in Oceania.
- Acquired ProViva, a Swedish probiotic brand, for strategic expansion.
- Closed the South Brisbane factory, part of the Parmalat network, following the acquisition of Fonterra.
- Launched Puleva Vita Calcio Colágeno in collaboration with Bioiberica in Spain, a new milk beverage enriched with native type II collagen.
- Initiated a recall of six batches of Picot infant formula due to cereulide toxin detection, working closely with authorities to manage the situation.
- Plans to finalize the sale of its global consumer businesses with Fonterra within two months, marking a substantial investment in New Zealand's dairy market.
- In Paraguay, a subsidiary is driving double-digit growth by expanding its industrial capacity and aiming to become a regional export hub.
- Launched the Siggi’s skyr range in the UK, targeting increasing consumer demand for 'clean protein' products.
Company Plans
Lactalis is focused on global expansion, increased market penetration, and product diversification. The company prioritizes eco-friendly packaging innovations and integrating AI and Big Data to enhance operational efficiency, particularly in Spain and Australia.
Leadership
Under CEO Emmanuel Besnier, Lactalis continues to aim for continuous growth and innovation. José Sáez, General Manager of Purchases and Supplies in Spain and Portugal, plays a pivotal role in strategic decisions. Lactalis plans not to renew its milk collection agreement with Luxembourg's Prolek cooperative after April 2027, ending a 40-year partnership due to challenging conditions in the international dairy ingredient markets. Additionally, Lactalis acquired Protein Works to solidify its position in the active nutrition market and enhance its portfolio with value-added nutrition products.
Lactalis employs 85,000 people worldwide, generating an annual turnover of over €31 billion. Known for brands such as Président, Galbani, Parmalat, and Leerdammer, Lactalis remains a major player in the global dairy sector. The company is shifting investments from commodity powders to advanced protein extraction, aiming to capitalize on high-value product streams like specialized whey and cheese, safeguarding margins despite retail food inflation. Lactalis is expanding its presence in the meal replacement market and leveraging Protein Works’ expertise to meet evolving consumer expectations with plans to expand into the Middle East and Africa.
Lactalis is part of the international companies investing in New Zealand's dairy processing sector. Investments aim to enhance production capabilities and support regional employment.
Modified: 2026/06/22
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