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Parmalat’s play for Kraft cheeses clears regulators
Dairy giant Parmalat’s proposed $1.62 billion deal for Kraft Heinz’s “natural” cheese business in Canada has cleared federal antitrust regulators. The federal Competition Bureau on Thursday said it issued a “no action letter” to the two companies and would put up a position statement detailing its reasons in the “coming days.” The deal is expected […] Read more

Parmalat to buy Kraft’s Ontario cheese plant, brands
U.S. food processing giant Kraft Heinz is taking one step back from the Canadian dairy processing business with a deal to sell its eastern Ontario cheese plant and the brands made there. The company announced Nov. 6 it has a deal in hand to sell its Canadian “natural cheese” business and its cheese plant at […] Read more