CompanyQ1432285· pop 30· linked from 271 articles

Parmalat

Parmalat S.p.A. is an Italian dairy and food corporation which is a subsidiary of French multinational company Lactalis. It was founded by Calisto Tanzi in 1961.

Key facts

Company.name: Parmalat S.p.A.
Company.logo: Parmalat color logo.png
Company.logo_size: 200px
Company.type: Società per azioni
Company.founder: Calisto Tanzi
Company.location: Collecchio, Italy
Company.key_people: Jean-Marc Bernier (CEO)
Company.industry: Food processing
Company.products: Milk and dairy products, fruit juice, tea
Company.revenue: €6.416 billion (2015)
Company.operating_income: €276.9 million (2015)
Company.net_income: €145.8 million (2015)
Company.num_employees: 27,596 (end 2015)
Company.parent: Lactalis

via Wikipedia infobox

Article

9 sections

Contents

Early history (1961–2002)
Financial fraud (2002–2005)
Modern history
Countries of operation
Countries of direct presence
Countries of presence through license
See also
References
External links

Parmalat S.p.A. is an Italian dairy and food corporation which is a subsidiary of French multinational company Lactalis. It was founded by Calisto Tanzi in 1961.

Having become the leading global company in the production of long-life milk using ultra-high-temperature processing, the company collapsed in 2003 with €14bn ($20bn; £13bn) of debt in what remains Europe's biggest bankruptcy. Since 2011, it has been a subsidiary of French group Lactalis (with fuller control since 2019). Today, Parmalat is a company with a global presence, having operations in Europe, North America, South America, Australia, China, and South Africa.