French dairy producer Bel Group has entered into a joint venture with Britannia Industries to develop, manufacture and sell cheese products in India and some other markets. Bel Group will acquire 49% stake of Britannia’s wholly-owned subsidiary Britannia Dairy Private Limited for INR 2.62bn (US$32.1m). “This strategic partnership with Britannia in India is a new step for Bel Group’s development in Asia, in line with our mission to deliver healthier …
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Bel Group
French dairy producer Bel Group has announced the acquisition of 70% shares of the Chinese cheesemaker Shandong Junjun Cheese. As well as manufacturing cheese, Shandong Junjun Cheese is the fourth-largest milk producer in China. The company has reportedly achieved over 100% annual growth since 2018. According to a statement released by Bel, the investment will help the French giant with its international expansion strategy and reinforce its growth in manufacturing …
Bel Group, the multinational cheese firm, has announced the acquisition of the French start-up All In Foods for an undisclosed sum. Founded in 2013, All in Food is a family business which develops and produces plant-based cheese and sauce alternatives and is the owner of Nature & Moi brand. According to Bel Group, this acquisition is in line with its strategy to expand the company’s activities beyond cheese products and …
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