Belgian B.S.A International S. A bought the control stake of Joint Public Company Liakhovichi Milk Factory.
According to the data of the Belarusian Currency and Stock Exchange, in the result of 8 trades, which were made in forward regime, 177 551 stocks of Liakhovichi Milk Factory or 69 % of the statutory fund were bought. The trades were in US dollars with a total amount of 9.04 mln. One more trade was made in Belarusian rubles in the amount of 4.1 millions of pre-revaluation rubles in a continuous order matching regime.
Stocks were bought for 52.87 dollars with the nominal amount in 17 rubles. In the announcement of the stock buying-up it was noticed that B.S.A International had ben ready to buy 256 116 stocks of Liakhovichi enterprise or 100% of the statutory fund. 
According to the Blomberg’s data, B.S.A International is an associated company of French Groupe Lactalis S.A, which is one of the largest milk producers. It’s the company of family dynasty Besnier. According to the IFCN’s data (International Farm Comparison Network), Groupe Lactalis is the third largest milk processor in the world after American Dairy Farmers and New Zealand Frontera. In comparison, Swiss group Nestle was the 5th in the rating and French Danone was the 11th.
Groupe Lactails holds such brands as President, Galbani, Lactel, Bridel and others. Subsidiary companies are presented all over the world.
Joint Public Company Liakhovichi Milk Factory is one of small-scale milk processing enterprises in Belarus. Following the results of first half year of 2016 operating income was 19.1 mln of pre-revaluation rubles. The company is in Top-20 of the most profitable companies in the business. Its’ net profit in January-February of 2016 was almost 2 mln of pre-revaluation rubles. The company’s production is sold under t brand Liakhovichok.
Source: doingbusinessby.com