Parmalat S.p.A. is an Italian dairy and food corporation, now a subsidiary of the French multinational Lactalis. It was founded by Calisto Tanzi in 1961 and became the leading global company in long-life milk produced through ultra-high-temperature processing, before collapsing in 2003 with 14 billion euros of debt in what remains Europe's biggest bankruptcy. Since 2011, and with fuller control since 2019, it has been owned by Lactalis, and today it operates globally with almost 140 production centers and about 16,000 employees, still specializing in UHT milk and derivatives alongside fruit juice brands including Santal. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Company Type Founded Year Company Type
Company Type (category) Connections
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Source Wikidata: Parmalat
Related Corporate Events
Source Wikipedia, Parmalat
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Sources
1. Wikipedia, Parmalat
Wikipedia- Recorded company type: Società per azioni
Lead section
Having become the leading global company in the production of long-life milk using ultra-high-temperature processing, the company collapsed in 2003 with €14bn ($20bn; £13bn) of debt in what remains Europe's biggest bankruptcy.
Lead section
It was founded by Calisto Tanzi in 1961.
- Related Corporate Events: Parmalat Scandal
View the Source Wikidata: Parmalat
WikidataOperates In: Food and Beverage Industry, Wikidata statement: industry (P452)Quote, Operates In: Food and Beverage Industry, Wikidata statement: industry (P452)
industry (P452) target Q540912, matched to the live industry entity by qid (enwiki-sitelink resolved)
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