And very curiously , Kerry had announced in an notice to Ireland exchange in 2011, that they have acquired Lactose India
http://www.kerrygroup.com/docs/interim-management-statements/IMS/Q3_2011_IMS.pdf
and same was also reported in an Irish newspaper http://www.irishexaminer.com/business/kfqlojsncwau/
And again same was reported in 2011 AR of Kerry,
http://www.kerrygroup.com/docs/reports/2011/Kerry_Group_2011_Annual_Report.pdf
but Lactose India finds no mention in 2012 AR of Kerry http://www.kerrygroup.com/docs/reports/2012/Kerry_Group_2012_Annual_Report.pdf .
So officially it’s part of Kerry group now
The business prospects appears good, but given this kind of mis-information, I doubt if promoter can be trusted ?
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