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Entry into Romania

This article was originally published in Foodnews

FRENCH dairy Lactalis completed its takeover of Romanian group LaDorna in a deal reportedly worth up to €100 million. It acquired all shares of LaDorna, Romania's thirdlargest dairy producer after Danone and Friesland Foods. Lactalis posted a €9.7 billion turnover in 2007, and is known to have been looking for an entry point into the Romanian market as a continuation of its expansion into eastern Europe.



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