Dukat d.d. agreed to acquire 50.3% stake in Ljubljanske Mlekarne, d.d. from Factor banka d.d., Nfd Holding Financna Druzba D.D. (LJSE:NF2R), Sava, druzba za upravljanje in financiranje, d. d. (LJSE:SAVA), KD Group, financna druzba, d. d. (LJSE:KDHR) and KD Banka d.d. on October 29, 2012. Post acquisition, Lactalis will publish a takeover offer to acquire the remaining shares in Ljubljanske mlekarne. Ljubljanske Mlekarne, d.d. had revenues of €154 million in year 2011.

The deal is subject to approval of Slovenian and European competition authorities. As of February 22, 2013, Slovenian and European competition authorities approved the transaction.