MILK11 - LAEP / PARMALAT

Merger creates giant milk in the country
LBR Milk comes from the junction of Good Taste with gaucho Leitbom

Updated at 22:34

After 90 trading days, the gaucho and Good Taste Leitbom today announced the merger of two companies, creating the LBR Dairy Brazil S / A. With the closing of new business, the sector sees the birth of a company with a turnover of U.S. $ 3 billion and annual funding of over 2 billion liters of milk, which positions itself as "the largest operation of private sector dairy plant in Brazil" , as announced this afternoon.

- We are using and enjoying the synergies of both parties. You'll definitely be a company that will make a difference in the future - said Wilson Zanatta, founder and CEO of Good Taste.

The CEO of LBR is Fernando Falco, Leitbom, being co-chair of the board in charge of Zanatta and Fersen Lambranho, co-president of GP Investments.

The new company has a portfolio of notable brands - Parmalat, Leitbom, Paulista, Pocos de Caldas, Glory, Good Cream, Good Taste, Leader, Cedrense, Da Matta, San Gabriel, Sarita, and corlaceai Ibituruna - and reach all regions the country.

In an interview with Zero Hora newspaper, Falco Zanatta and also confirmed plans to expand into foreign markets, among them Urugua (which will install a plant), Africa and Central America.

- Brazil has the potential to compete internationally also - Falco assured.



NEW BUSINESS

The numbers of the new company:

- Annual revenues of $ 3 billion

- 30 units throughout Brazil

- Ability to process 8.3 million liters of milk per day and more than 2 billion gallons per year

- 6, 4000 employees

- 56 000 regular suppliers

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