Lebedyansky is looking to get into the Russian dairy market, according to press reports.

Citing analysts in its story, Kommersant newspaper said today (8 February) that the privately-owned juice producer is already eyeing several dairies with a view to investing between US$70m and US$100m in the next few years.

In the report, analysts pointed out that the move will enable Lebedyansky to become a more serious competitor to dairy and juice group Wimm-Bill-Dann Foods.