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Lactalis flies over the crisis and follows Danone's heels

2021-05-21T05:01:57.764Z


After 100 takeovers in ten years, the other French dairy giant is in great shape. As in many sectors, the crisis has reshuffled the cards in the air. To the point of shaking up the forces involved? Not quite yet, but after a decade of buying bulimia, Lactalis could soon overtake rival Danone. Admittedly the two do not have the same profile, but by announcing Tuesday a jump of 6% of its turnover in 2020, to 21.1 billion euros, the group of Laval slices with the growth at half ma


As in many sectors, the crisis has reshuffled the cards in the air. To the point of shaking up the forces involved?

Not quite yet, but after a decade of buying bulimia, Lactalis could soon overtake rival Danone.

Admittedly the two do not have the same profile, but by announcing Tuesday a jump of 6% of its turnover in 2020, to 21.1 billion euros, the group of Laval slices with the growth at half mast of its competitor, passed in 2020

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Above all, taking into account its last four acquisitions not yet finalized (such as American cheeses from Kraft-Heinz, and Leerdammer crunched at another French Bel), Lactalis can count on additional sales of around 2.5 billion euros. euros.

Which would make him pass in front of the other Frenchman of milk.

Admittedly, the competition authorities could impose divestitures on the Laval giant.

And the end of the sanitary restrictions which have plagued Danone's water activities (Evian, Volvic, Mizone, etc.) should

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Source: lefigaro

All business articles on 2021-05-21

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