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Nestlé completes sale of Dpa Brazil to Lactalis

Closed the deal with Fonterra: sold to the French the Brazilian dairy

Nestlé, together with Fonterra, completed the sale of their joint venture, Dpa, Dairy Partners Americas Brazil, from the French dairy giant Lactalis. Fonterra held 51% of the joint venture Dpa Brazil, while Nestlé 49%: the joint venture was sold for 700 million Brazilian real, equal to over 133.6 million Euros. According to the New Zealand cooperative specializing in the production and distribution of...

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EFA News - European Food Agency
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