Parmalat Revenue and Competitors

The Parmalat Group is a food-industry group with a multinational strategy that seeks to increase the well-being of consumers throughout the world. The ultimate purpose of the Group is to create value for its shareholders while adhering to ethical principles of business conduct, to perform a useful social function by fostering the professional development of its employees and associates, and to serve the communities in which it operates by contributing to their economic and social progress. We intend to establish Parmalat as one of the top players in the global market for functional foods with high value added, which delivers improved nutrition and wellness to consumers, and attain clear leadership in selected product categories and countries with high growth potential for the Group. Parmalat S.p.A., which is listed on the Italian Stock Exchange, is controlled by the Lactalis Group since July 15, 2011.The Parmalat Group is a global player in the production and distribution of foods that are essential for everyday wellness: milk, dairy products (yogurt, cream based sauces, desserts and cheese) and fruit beverages, which generated revenues of about 6.6 billion euros in 2017. More than 26,000 people work at Parmalat's facilities in Europe, the Americas, Africa and Australia.