Brandtree

Who owns Parmalat?

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.

Key facts

Current owner
Groupe Lactalis reported
Owned since
· deal details
Previous owner
Independent (1961–2011)
Owner HQ
🇫🇷 France, Laval
Origin
🇮🇹 Italy, Parma
Founded
1961
Category
FoodDairy & alternativesYogurt
Last verified
· 2 sources

About Parmalat

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.

Ownership timeline of Parmalat

Owners of Parmalat from 2011 to 2026 Lactalis 2011–present Lactalis 201520202025
  1. 2011 – present Lactalis acquired 1 July 2011 [1][2] reported

Where Parmalat sits in Lactalis

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Parmalat sits in Lactalis Tree of 6 brands under Lactalis. Lactalis Parmalat Galbani Président Siggi's Sorrento Stonyfield Organic

Open the full Lactalis ownership tree →

Other brands owned by Lactalis in food

See the full Lactalis brand portfolio (6) →

Deals involving Parmalat

Acquisition closed

Lactalis acquires Parmalat

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.

Value
Undisclosed
Seller
Regulatory
None recorded

Latest news about Parmalat

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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. [1] Lactalis — our brands — Groupe Lactalis, Official document; retrieved 8 September 2026.
  2. [2] Lactalis Group - our history and brands — Groupe Lactalis, Official document; retrieved 8 September 2026.

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