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Deal of the month: Lactalis buys Carlyle-backed Tirumala

By Diksha Dutta

  • 31 Jan 2014
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Deal of the month: Lactalis buys Carlyle-backed Tirumala

Deal: Groupe Lactalis SA (Lactalis), the world’s largest dairy player, acquires 100 per cent stake in Tirumala Milk Products Pvt Ltd, India’s second-largest private player. The deal value was not disclosed but was pegged at $275-300 million, in the biggest transaction in the dairy sector in India.Seller:  Tirumala was founded in ......

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