Parmalat

Parmalat S.p.A.
Company type	Società per azioni
Industry	Food processing
Founded	1961; 63 years ago
Founder	Calisto Tanzi
Headquarters	Collecchio, Italy
Key people	Jean-Marc Bernier (CEO)
Products	Milk and dairy products, fruit juice, tea
Revenue	€6.416 billion (2015)
Operating income	€276.9 million (2015)
Net income	€145.8 million (2015)
Number of employees	27,596 (end 2015)
Parent	Lactalis
Website	parmalat.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

↑ ^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.
↑ "Italian dairy boss gets 10 years". BBC News. 2008-12-18. Retrieved 2013-12-29.

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[AR2015-1] 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.

[bbc10-2] "Italian dairy boss gets 10 years". BBC News. 2008-12-18. Retrieved 2013-12-29.

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