PRESS RELEASE
Parmalat purchases the business operations of Latterie Friulane
Parmalat S.p.A. (Parmalat) purchased today from Consorzio Cooperativo Latterie Friulane
S.C.A. (Latterie Friulane) business operations encompassing the activities engaged in the
production, sales and distribution of dairy products (pasteurized and UHT milk, yogurt, Montasio
cheese, mozzarella and ricotta cheese), including the brands (Latterie Friulane, Latte Carnia,
SILP, San Giusto, Castello and Cometa), the production facility and offices in Campoformido
(Ud), buildings in Ponte Crepaldo (Ve), San Martino (Pn) and Monfalcone (Go), and the existing
contracts.
Employees will be simultaneously transferred and currently the company has 156 employees.
This transfer will be effective as of January 1, 2015.
In 2013 the company reported revenues of about 53.0 million euros, the estimate for 2014 is
about 37.0 million euros.
This transaction was executed by assuming a net invested capital for about 5.75 million euros
and a bank debt for the same amount.
Parmalat will continue to carry out and will expand the activities of Latterie Friulane, an entity
with deep roots in its host community, by implementing a plan designed to regain
competitiveness and keep in operation the Campoformido production facilities and those that
manufacture DOP (Protected Designation of Origin) products, while continuing to source raw
milk locally in the Friuli region.
This transaction, which is subject to certain conditions subsequent, has been notified to the
Italian Antitrust Authority.
Collecchio, December 30, 2014
Parmalat S.p.A.
Parmalat S.p.A. Sede: Via delle Nazioni Unite, 4 43044 Collecchio (Parma) Italia Tel.+39.0521.8081 Fax +39.0521.808322
Cap. Soc. € 1.831.068.945 i.v. R.E.A. Parma n. 228069 Reg. Imprese Parma n. 04030970968 Cod. Fisc. e P. IVA n. 04030970968
Società soggetta a direzione e coordinamento di B.S.A. S.A.