Spain’s Idilia Foods buys 50% of dairy drinks maker Cacaolat
Spain-based Idilia Foods has struck a deal to acquire 50% of local dairy-drinks business Cacaolat from beer giant Damm. The deal, agreed for an undisclosed sum, will see Idilia and Damm “jointly manage” Cacaolat, which markets drinks under its namesake brand, as well as Letona milk and Laccao chocolate milk. The transaction remains subject to […]