Parmalat

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Parmalat S.p.A.
Società per azioni
IndustryFood processing
Founded1961; 61 years ago (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

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.

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[change | change source]

  1. 1.0 1.1 1.2 1.3 "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.