Parmalat

Parmalat S.p.A. is a dairy and food company. It is a subsidiary of French multinational company Lactalis. It was founded by Calisto Tanzi in 1961.

Parmalat S.p.A.
Company typeSocietà per azioni
IndustryFood processing
Founded1961 (1961)
FounderCalisto Tanzi
HeadquartersCollecchio, Italy
Key people
Jean-Marc Bernier (CEO)
ProductsMilk and dairy products, fruit juice, tea
Revenue€6.416 billion (2015)[1]
€276.9 million (2015)[1]
€145.8 million (2015)[1]
Number of employees
27,596 (end 2015)[1]
ParentLactalis
Websiteparmalat.com

It was a large global company in the production of long-life milk. The company went bankrupt in 2003 with €14bn ($20bn; £13bn) and became Europe's biggest bankruptcy case.[2]

References

  1. "Annual Report 2015" (PDF). Parmalat. Archived from the original (PDF) on 18 July 2018. Retrieved 27 April 2016.
  2. "Italian dairy boss gets 10 years". BBC News. 2008-12-18. Retrieved 2013-12-29.
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