17 Sep 2018 --- French dairy group Lactalis is looking to further expand in the infant formula market, with the acquisition of the infant nutrition business of South African company Aspen Pharmacare for €739.8 million (US$860.7 million). Lactalis is a privately owned, global leader in the dairy industry with revenue of €18.4 billion (US$21.4 billion) sales in over 200 countries, approximately 80,000 employees and 246 industrial plants in 47 different countries.