Parmalat reaches agreement with Newlat over sale of Lodi dairy business unit

On 28 November 2008 Parmalat gives notice of having signed a contract with Newlat S.p.A. in respect of the disposal of the Parmalat dairy (cheese) business unit located at Lodi. The unit posted Euro 36 million in 2007 and currently employs 93 staff.

Mediobanca acted as a sole financial advisor to Parmalat.