Carnation is a brand of food products. The brand was especially known for its evaporated milk product created in 1899, then called Carnation Sterilized Cream and later called Carnation Evaporated Milk. The brand has since been used for other related products including milk-flavouring mixes, flavoured beverages, flavour syrups, hot cocoa mixes, instant breakfasts, corn flakes, ice cream novelties, and dog food. Nestle acquired the Carnation Company in 1985.
Parmalat SpA is a multinational Italian dairy and food corporation. Having become the leading global company in the production of ultra-high-temperature (UHT) milk, the company collapsed in 2003 with a Euro 14 billion hole in its accounts in what remains Europe's biggest bankruptcy. Today, Parmalat is a company with a global presence, having operations in Europe, Latin America, North America, Australia, China and South Africa. Since 2011, it is a subsidiary of French group Lactalis.