The deal will bolster Lactalis' presence in the Australian dairy market
HWL Ebsworth has advised Australian yogurt manufacturer Jalna Dairy Foods on its sale to France-based dairy giant Lactalis Group.
According to Lactalis, the deal will expand the company’s yogurt portfolio of iconic brands and bolster its presence in the Australian dairy market. The acquisition includes the popular Australian yogurt brand Jalna, a yogurt production facility in Melbourne, and a milk farm in northern Victoria.
The deal is confirmed to be the second acquisition by Lactalis this year. At present, the terms of the sale have not been disclosed.
Corporate partner Jeremy McCarthy and special counsel Paul Lewis led the HWL Ebsworth team in assisting Jalna with the transaction. They received further support from partner James Lofting (planning and environment); partner Richard Westmoreland (competition and merger clearance); partner Chris Egan (employment), partner Matt Craven (IP); and special counsel Maliq Maideen (property).
Based in Victoria, Jalna is a fully integrated, paddock-to-pot, dairy business that produces pot set yogurts, manufactures the majority of its unique containers, and operates a biodynamic farm − with a strong focus on Greek, organic, and all natural yogurts.
