Parmalat is owned by Lactalis (France), which acquired the brand on 1 July 2011.[1][2] Parmalat was founded in 1961 in Parma and was independent until 2011.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Parmalat pioneered long-life UHT milk in Italy and collapsed in 2003 in what was then the largest corporate fraud in European history, with €14 billion missing from its accounts. Lactalis acquired the restructured company in 2011. The fraud centred on a fabricated bank account, and its discovery led to convictions and to reform of Italian audit rules.
Lactalis is a family-owned company headquartered in Laval, France, founded in 1933. Brandtree records 12 brands under its control.
Lactalis is the largest dairy company in the world by revenue, founded in Laval, France in 1933 and still owned by the Besnier family, which has never listed it. It publishes limited financial information and has grown almost entirely by acquiring national dairy champions across Europe, the Americas and Australia.
Brandtree records a controlling owner for 210 brands that began in Italy.
77 of them (37%) are now controlled by a company headquartered in another country, Parmalat among them.
Lactalis took control of Parmalat through a public tender offer at EUR 2.60 per share, gaining the Italian dairy group that had collapsed in 2003 in what was then the largest corporate fraud in European history. The Italian government objected to a national champion passing into French hands and briefly changed takeover rules in response.
The parent company of Parmalat is Lactalis, a family-owned company headquartered in France.
Is Parmalat Italian or French?
⌄
Parmalat originated in Italy in 1961, but it is owned today by Lactalis, which is headquartered in France. So Parmalat is an Italian-origin brand under French ownership.
When did Lactalis buy Parmalat?
⌄
Lactalis completed its acquisition of Parmalat on 1 July 2011, after announcing the deal on 26 April 2011. The price was not disclosed.
Who owned Parmalat before Lactalis?
⌄
Parmalat was an independent company from its founding in 1961 in Parma until Lactalis acquired it in 2011.
Is Parmalat still owned by Lactalis?
⌄
Yes. As of 16 September 2026, Parmalat is still owned by Lactalis. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
[1]Our brands - Lactalis USA — Lactalis USA (Groupe Lactalis), Official document; retrieved 28 September 2026.
[2]Our history - Lactalis — Groupe Lactalis, Official document; retrieved 28 September 2026.
Brandtree needs to remember this choice and does not set any other cookie unless you accept.
If you choose “Accept all”, we also use Google Analytics cookies to count visits and see which pages help, so we can improve the site.
If you choose “Accept required”, no analytics cookie is set. Google Analytics still receives a cookieless ping with the page address and your IP address. No advertising is used either way. Privacy policy