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 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.
No tagged news items yet. Headlines are added nightly from public feeds; only titles and links are stored.
Headlines link to the original publisher. Brandtree does not reproduce article text.
Frequently asked questions
Who is the parent company of Parmalat?
⌄
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.
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 8 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]Lactalis — our brands — Groupe Lactalis, Official document; retrieved 8 September 2026.