Lactalis Groupe: The latest figures, news and market research on Lactalis Groupe

Turnover: 29.5 billion EUR (2023)

Country: France

Founded in 1933, the Lactalis group is today a leader in the French dairy industry. Lactalis specializes in cheeses (34% of sales), drinking milk (25%), yoghurts and dairy desserts (13%), butter and cream (12%), dairy ingredients and milk powder (11%), and other products (5%). The Group has 250 production sites in 50 countries, including around 70 in France. It generates sales of 18.5 billion euros, 59% of which in Europe

The Group's portfolio includes strong brands such as Président, Lactel and La Laitière. The group's strategy is based on external growth, with the acquisition of a stake in Italy's Parmalat in 2011 and the purchase of dairy subsidiary Brasil Foods in 2014. The company also owns 24% of Bel Dairies, which produces La vache qui rit, Boursin, Babybel and Kiri.

Lactalis has a wide range of milk powders, which can be viewed here .

News

Lactalis and Sodiaal buy the yoghurt activities of American General Mills 13/09/2024

General Mills, known for brands such as Häagen-Dazs and Old El Paso, is streamlining its operations to focus on its most profitable brands.
General Mills' U.S. yogurt business, including the Yoplait brand, generated approximately $1.5 billion in net sales in fiscal 2024.
Yoplait, founded in 1965 and associated with General Mills since 1977, saw the latter acquire a 51% stake in 2011.
In 2021, Sodiaal acquired Yoplait's European activities from General Mills, aiming to expand its global presence.
Lactalis operates 11 manufacturing sites in the United States, marketing cheeses and yogurts under various brand names.

Lactalis acquires General Mills' yogurt business in the United States 13/09/2024

- General Mills Inc. yogurt business in the United States: US$1.2 billion.
- Production sites concerned by the acquisition: Murfreesboro (Tennessee), Reed City (Michigan), and headquarters in Minneapolis (Minnesota).
- Lactalis USA presence: 11 manufacturing sites and over 4,000 employees.
- Yogurt brands concerned by the acquisition: Mountain High, as well as licensed brands Yoplait, Go-Gurt, Oui, etc.
- Cheese brands marketed by Lactalis USA: Galbani, Président, Kraft (natural and shredded cheeses), Breakstones, Cracker Barrel, Black Diamond.
- Lactalis U.S. Yogurt products: Stonyfield Organic, siggi's, Brown Cow, Green Mountain Creamery.

Lactalis group considers a pause in acquisitions 18/04/2024

China's demand for milk powder collapsed by 38% as a result of the economic crisis.
Japan's cheese imports fell by 7%. In the Philippines, by 26%, and in Indonesia, by 13%.
France, Lactalis' biggest market, accounting for almost 20% of sales
sales of 29.5 billion euros, up 4.3%, thanks in part to its four acquisitions.
Lactalis remains one of the world's Top 10 food companies
4 operations by 2023:
- Marie Morin in Canada (sales €25 million), a Canadian specialist in baked desserts
- DPA (350 million euros), the world's leading yogurt producer.
- Italy's Ambrosi (400 million euros), with its Grana Padano and Parmesan cheeses.
- British dairy specialties distributor Hawkridge (9 million euros in sales)

Suppliers refuse to accept Lactalis' proposed milk price increase 05/02/2024

- The price revised in January by Lactalis is 405 euros per 1000 liters, increased to 420 euros per 1000 liters in 38/32 for February.
- Taking all premiums into account, the remuneration paid to producers was 460 euros per 1000 liters for the first two months of the year.
- Unell, which represents over 4,000 dairy farms, delivers over 2 billion liters of milk to Lactalis.

Président, the billionaire brand that shaped the destiny of Lactalis 13/11/2023

President brand sales: 3 billion euros
Brand age: 55 years
Increase in Camembert production in ten years: from 60,000 to 250,000 units
Current Camembert production: 500,000 units
Main production site: Domfront plant in the Orne region of France
Camembert price: less than 2 euros
Percentage of brand volume sold under private label: one-third in France and worldwide
Number of plants producing Président products outside France: over thirty.

Lactalis: portrait of Emmanuel Besnier, one of France's most secretive bosses 15/10/2023

Sales 2022: 28.3 billion euros, Net income: 384 million euros
Number of employees: 85,000 worldwide
Number of dairies and cheese factories: 272 in 51 countries, including 66 in France
Quantity of milk collected: 22.6 billion liters worldwide
Breakdown of sales by product: cheese (40%), milk (19%), ultra-fresh (14%), butter and cream (12%), ingredients and nutrition (9%), other (6%)
Major acquisitions
- Bridel in 1990,
- nestlé's Roquefort cellars in 1992,
- Galbani in 2006,
- Parmalat in 2011,Parmalat acquisition cost: 4.5 billion euros.
- l'Etoile, Stonyfield and Siggi's cheese factories in 2018,
- kraft-Heinz cheese business in 2020,
- Ambrosi in 2023.

Lactalis' Brazilian takeover held up 27/07/2023

Lactalis, the world leader in dairy products, has signed an agreement to acquire DPA, a major player in the Brazilian dairy sector, for 125 million euros
With this acquisition, Lactalis would increase its workforce in Brazil to 10,000 employees.
DPA was created in 2003 by Nestlé and New Zealand's Fonterra.
It currently employs 1,300 people.
DPA has two factories in southern Brazil. Lactalis already has a significant presence in Brazil, with 23 industrial sites in eight states.
Brazil is Lactalis' fifth largest market.
Lactalis already owns thirteen dairy brands in Brazil, including Parmalat, Batavo, Itambe and Pocos de Caldas.
DPA brands include Chambinho, Chamyto and Chandelle.
The Brazilian Council for Economic Defense (CADE) has issued restrictions on the acquisition of Parmalat

Dairy giant Lactalis acquires Italian manufacturer Ambrosi 03/06/2023

Ambrosi specializes in the production of Grana Padano and Parmigiano Reggiano, two major Italian PDOs.
Ambrosi SpA is based in Brescia, Lombardy
Lactalis has over 5,000 employees and 31 production plants in Italy.
Founded in 1933, the Lactalis group generated sales of 28 billion euros in 2022
Lactalis has 270 production sites in 52 countries, 85,000 employees and sells its products in 150 countries.

Lactalis overtakes Danone to enter the world's top 10 food companies 20/04/2023

In 2022 Income from ordinary activities: 1.3 billion euros Profit: 384 million euros
Group growth: 28.4
Lactalis sales: 28.3 billion euros
Danone sales: 27.7 billion euros (ranked 11th)
Number of acquisitions in 20 years: around 100
Number of brands: 150 Président brand sales in 2022: 2.5 billion euros (+18%)
Galbani sales: 1.8 billion euros (+5%)
Parmalat sales: 1.4 billion euros

Lactalis won't give in to Nestlé or Danone's plant-based approach 02/01/2023

Only competitor to Nestlé and Danone worldwide
Three objectives: to remain a pure dairy, to grow faster than the market and to maintain its number-one ranking worldwide
The group currently manufactures in some fifty countries
The group will continue to push ahead in India , the world's leading milk producer, where Lactalis currently owns five plants
In North America, the Mayenne-based giant has acquired Kraft's natural cheeses
France accounts for only 20% of sales

Lactalis confirms its appetite for yogurt 14/12/2022

Lactalis has acquired Dairy Partners Americas (DPA), a subsidiary of Nestlé and New Zealand's Fronterra, in Brazil for 125 million euros
Fonterra, the world's leading dairy cooperative with sales of 14.3 billion euros
Lactalis generates sales of 3.3 billion euros in ultra-fresh products
Lactalis ranks fourth in the U.S. yogurt market, with sales of 600 million euros

Lactalis signs agreement to acquire Dairy Partners America Brasil | Lactalis has signed an agreement to acquire Dairy Partners America Brasil. 13/12/2022

Lactalis Brazil to acquire Dairy Partners America Brasil (DPA)
1,300 employees
Manufacture products under the Chambinho, Chamyto and Chandelle brands

Lactalis will be able to continue referring to Normandy on its Camembert cheeses 25/10/2022

Lactalis wins a battle against a Mayenne fraud control workshop
Lactalis targeted "Président", "Le Châtelain" and "Cœur de Normandie" cheeses

Lactalis completes acquisition of Leerdammer brand 30/09/2021

Lactalis has bought the Leerdammer brand

Lactalis acquires Ambrosi's cheese business 19/03/2021

Lactalis has announced that it has signed an agreement to acquire the cheese activities of Ambrosi (Emmi).
The Emmi Group, a 25% shareholder in Ambrosi SpA, will sell its stake to Lactalis
The remaining 75% will be retained by the Ambrosi family group

Financial Data

DUNS: 331142554

Legal Name: GROUPE LACTALIS

Address: 10 RUE ADOLPHE BECK , 53000 LAVAL

Number of employees: 0 salarié ()

Capital: 340 975 968 EUR

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013
Turnover	2 924 393 923	2 843 593 034	2 837 943 963	2 680 072 714	2 669 948 386	2 366 510 837	2 728 997 887	3 142 920 308	2 846 456 402
Gross margin (€)	404 365 472	340 259 986	314 646 911	252 778 524	239 533 025	246 431 959	329 007 234	367 076 793	359 877 183
EBITDA (€)	179 390 068	111 456 885	91 186 752	32 064 888	20 726 593	22 842 578	102 026 534	137 516 231	124 200 205
Operating profit (€)	156 274 932	88 349 665	68 085 374	8 963 671	-2 385 984	-273 237	101 878 463	137 241 513	123 835 043
Net profit (€)	186 301 554	215 517 409	82 611 761	17 228 385	75 226 325	80 219 408	85 465 595	89 319 795	127 381 218
Turnover growth rate (%)	2,8	0,2	5,9	0,4	12,8	-13,3	-13,2	10,4	-
Ebitda margin rate (%)	6,1	3,9	3,2	1,2	0,8	1	3,7	4,4	4,4
Operating margin rate (%)	5,3	3,1	2,4	0,3	-0,1	-	3,7	4,4	4,4
Working Capital (turnover days)	-22	-28,8	-47,3	-65	-46,9	-45,9	-34,6	-19	-6,2
Working Capital requirements (turnover days)	7	4,2	5,2	5,8	5,8	1,7	-31,9	-13,4	-19,2
Net margin (%)	6,4	7,6	2,9	0,6	2,8	3,4	3,1	2,8	4,5
Added value / Turnover (%)	6,2	4,1	3,3	1,3	0,9	1	3,9	4,5	4,5
Wages and social charges (€)	-	-	2 562	1 127	485	47	83	-	1 475
Salaries / Turnover (%)	-	-	-	-	-	-	-	-	-

Company Managers:

Position	First Name	Last Name	Age
Président du directoire, Membre du directoire	Emmanuel	BESNIER	54
Président du conseil de surveillance, Membre du conseil de surveillance	Jean-Michel	BESNIER	57
Membre du conseil de surveillance	Marie	BESNIER	44
Membre du directoire	Olivier	SAVARY	53
Membre du directoire	Philippe André Marcel	LABORNE	62
Membre du directoire	Jean-Yves Pierre Marie	REMOND	65
Membre du conseil de surveillance	Sandrine Sylvia	HUNAUT	55
Membre du directoire	Thierry Thomas Yves-Marie	CLEMENT	60