Lactalis South Africa is pleased to announce that the Competition Commission has granted approval for its acquisition of Nestlé’s Cremora business.
The acquisition includes Cremora’s employees and production facilities in Babelegi (Gauteng) and Potchefstroom (North West) provinces.
Cremora is a popular creamer brand that has been a staple in South African households for 77 years. Lactalis SA is home to some of South Africa’s most popular dairy product brands including President, Parmalat, Melrose, and Steri Stumpie.
Commenting on the acquisition, General Manager of Lactalis SA, Herman Janse van Rensburg said, “This acquisition aligns with our company’s strategy of broadening our product range to cater for local consumer preferences and we are therefore proud to add Cremora to our product offering.”
Janse van Rensburg notes that the legacy of Lactalis, together with the experience of Cremora employees will contribute to the success of Cremora in the long term.
“We are excited to welcome our new colleagues to the Lactalis SA family. We will continue to build on Cremora’s rich heritage together as we integrate the business into Lactalis SA to ensure seamless continuity for employees, suppliers, distributors, and consumers,” concluded Janse van Rensburg.
