French multinational dairy products company founded in 1933, known for cheese, milk, and dairy products, headquartered in Laval, France.
Company Type
private
Founded
1933
Headquarters
Laval, France
Stock
N/A: N/A
Revenue
approximately EUR 29 billion (FY2024)
Employees
approximately 85,000
Primary Market
Global
French multinational dairy products company founded in 1933, known for cheese, milk, and dairy products, headquartered in Laval, France.
Lactalis was founded in 1933 by Andre Besnier as a cheese manufacturer in Laval, France. The company initially produced Camembert cheese and other French cheeses. Andre Besnier focused on quality and traditional cheese-making methods. The company grew through the mid-20th century, expanding its product portfolio and distribution network in France.
The company expanded internationally in the 1970s and 1980s, entering European markets and beyond. Lactalis acquired other dairy companies to expand its geographic reach and product portfolio. The company established itself as a major player in the European dairy industry through strategic acquisitions and organic growth.
In the 1990s and 2000s, Lactalis pursued an aggressive acquisition strategy to become a global dairy leader. The company acquired numerous dairy companies across Europe, including Bridel in 1997 and Astita in 2005. These acquisitions established Lactalis as a leading dairy company in Europe.
The 2010s brought transformative acquisitions that established Lactalis as the world's largest dairy company. The company acquired Parmalat, the Italian dairy giant, in 2011 for approximately EUR 2.5 billion. Lactalis acquired Stonyfield, the American organic yogurt company, in 2017. These acquisitions gave Lactalis leading positions in the United States and expanded its product portfolio.
Recent strategic direction has focused on geographic expansion and product innovation. Lactalis has expanded its presence in emerging markets, particularly in Asia and Africa. The company has also invested in product innovation in categories including organic dairy products and plant-based alternatives.
Lactalis Group owns 1 brand in our database.
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