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Lactalis acquires Cathedral City in £988 million deal

PRIVATEAug 16, 2026about 4 hours ago

Acquiring Company

Lactalis

Acquired Company

Cathedral City

Pays De La LoireUnited KingdomFood and BeverageAgriculture and FarmingFood and BeverageAgriculture and FarmingRetailFood Processing

Description

Lactalis is set to acquire Cathedral City as part of a £988 million deal that includes Saputo's UK dairy operation. This transaction will support Lactalis' goal of expanding its portfolio with UK dairy brands. The deal is expected to close by the end of March 2027, pending regulatory approvals. Both companies emphasize the strategic value and quality of the assets involved.

Company Information

Company

Lactalis

Location

Pays De La Loire, France

About

Lactalis is the largest dairy business globally. The French multinational generated over €30bn in revenue in the last financial year, with a focus on strategic acquisitions to strengthen its market position. It owns well-known brands such as Stonyfield Organic and siggi’s. Lactalis is actively expanding its presence in various global markets.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Cathedral City?

Cathedral City was acquired by Lactalis, based in Pays De La Loire. The deal was reported on August 16, 2026. Lactalis is the largest dairy business globally. The French multinational generated over €30bn in revenue in the last financial year, with a focus on strategic acquisitions to strengthen its market position. Lactalis is privately held and operates in Food and Beverage.

When did Lactalis acquire Cathedral City?

Lactalis's acquisition of Cathedral City was reported on August 16, 2026. Lactalis is set to acquire Cathedral City as part of a £988 million deal that includes Saputo's UK dairy operation. This transaction will support Lactalis' goal of expanding its portfolio with UK dairy brands. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cathedral City do?

Cathedral City is the UK’s best-selling cheese brand. It offers a range of mature and extra mature cheddar cheeses and has a significant presence in the dairy market. The brand is recognized for its quality and has received multiple awards. It is privately held, operating in Food and Beverage, and is based in United Kingdom.

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