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Home > Company Index > Food, Beverage & Tobacco > Dairy Products > Parmalat Finanziaria S.p.A.

Parmalat Finanziaria S.p.A.
 PROFILE
Having a box of shelf-stable Parmalat milk is like having a cow in your cupboard -- only a lot smaller and cleaner. One of the world's largest dairy companies, Parmalat Finanziaria produces milk and other foods in more than 30 countries. In addition to producing the Parmalat brand of milk products, the company also produces vegetables (including Pomi-brand tomatoes), baked goods, and fruit juices. Its primary markets have been in Europe and South America, but its North American subsidiaries have been expanding through acquisitions. Parmalat owns a 22% stake in US online grocer NetGrocer.com as part of its international and online expansion efforts. The founding Tanzi family owns 51% of Parmalat.

 COMPETITION
Groupe Danone (DA)
Dean Foods Company (DF)
Nestlé S.A. (NSRGY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6,920.10
1-Yr. Sales Growth: 8.4%
Employees: 38,303
Revenue per employee: $180,667.31

 KEY PEOPLE
• Calisto Tanzi
    CEO
• Fausto Tonna
    CFO

 CONTACT INFO
Piazza Erculea 9
20148 Milan, Italy
Phone: 39-02-806-8801
Fax: 39-02-866-604
Online: Web Site

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