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Italy to Get Third Milk And Dairy Hub

By Branislav Pekic
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Italy to Get Third Milk And Dairy Hub

Italy is set to get its third milk and dairy hub, similar to those at Granarolo and Parmalat.

The Board of Directors of Turin-based Centrale del Latte d'Italia have given the green light for the incorporation of the Centrale del Latte di Firenze, Pistoia e Livorno (Mukki Latte).

The new company will be listed on the Italian stock exchange and stocks will be traded by September 30. It will have a turnover of about €200 million and five production plants.

The deal will also facilitate the spin-off of the Mukki dairy firm and the creation of a new company, Centrale del Latte della Toscana, entirely controlled by Centrale del Latte d'Italia, registered and operating in Florence.

© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. To subscribe to ESM: The European Supermarket Magazine, click here.

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