| Web: | en.wikipedia.org/wiki/Parmalat |
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Info:
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 €14 billion ($20bn; £13bn) 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. |
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