UK private equity firm BC Partners has beaten off competition from Parmalat to buy Italian cheese and cured meat maker Galbani from Danone in a E1.015bn deal. Galbani has a significant presence in the UK market supplying Italian cheeses for manufacturers as well as the retail, wholesale and catering markets. BC would not give details of its plans for Galbani, which has almost 100 UK employees at a site in London. Danone announced plans to sell Galbani last year as part of a restructuring exercise to focus on core categories of fresh dairy, beverages and biscuits. {{NEWS }}

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