date:May 08, 2012
The Tetra Laval subsidiary told FoodProductionDaily.com it had finalised the takeover of Newtec Case Palletizing on Friday and that the deal would allow it to boost its foothold in the fast-growing liquid dairy products sector.
The transaction would make the liquid dairy sector amore integral part of the Cermex strategy,said the company.
Cermex will extend its presence in the dairy liquid food business thanks to Newtec expertise and range,added spokesman Jean-Marc Passemard.
No financial d