Lactalis: deal in France and Canada. Triballat (365 million) is ready

Lactalis has entered into exclusive negotiations to acquire Triballat, based in Rians, in southern France. The company is highly significant.

The producer of cheeses, especially PDO cheeses made from goat’s milk, other local cheeses, desserts and faisselle (a fresh dairy product made from raw milk), founded in 1901, reports revenue of 365 million euros and 1.600 employees. It has 25 brands, while the share of exports stands at 30%.

17 new factories for the Lactalis Group

The Lactalis Group’s objective (31,2 billion in turnover in 2025, +3% over the 2024) is to acquire of the capital 100% .

The news had been circulating for some time in the Hexagon, but was formalised on 23 July, with a joint statement.

Triballat, still run by the eponymous family today, will bring the global dairy giant 17 production sites, of which 14 in France, one in Spain (Navarra) and two in California.

A broad reach resulting from a successful acquisition strategy pursued over the years 2000: Laura Chenel (in 2006) and Marin French Cheese (2011), both in the USA, and Lácteos Goshua (2009), in the Iberian country.

The transaction is now subject to review by the supervisory authorities, for a preliminary assessment, and to consultation with employees.

Premium cheeses and 7 plants in Canada

Lactalis has just completed another major transaction. On 15 July it reached an agreement with the Canadian cooperative Agropur to acquire its premium cheese business unit.

Agropur’s dairy division includes a portfolio of premium brands (MonsieurGustav, Oka and L’Extra), produced in their native Québec and inspired by French tradition. Adding these assets to the import operations brings the total revenue to more than 115 million euros equivalent.

Here too, the scope of the factories is significant, amounting to 7 plants, all in Canada.

TRIBALLAT’S KEY FIGURES

Other articles:

Lactalis balance sheet, with more than 10 billion in the Americas

Lactalis invests 400 million in Italy

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.