Lactalis and Lala vie for BRF's dairy assets
France's Lactalis and Mexico's Lala Foods are vying for BRF's dairy assets. The Brazilian company put the division up for sale earlier this year and expects the transaction to be completed next month.
Yesterday, Bloomberg reported that Lala is said to have made an offer for the division. Lactalis has also submitted a proposal, according to sources contacted by Valor. The French company's offer is more attractive to BRF, said a source.
Besides the two dairy companies, the Dutch Friesland Campina has shown an interest in the dairy division, according to the same sources. Bloomberg also said Danone is interested.
Information provided by Valor Econômico