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    • Gama
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    • Innovation & Insight Reports
    • Gama Field Services
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  • CATEGORIES
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Calu

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1 MIN READ

Brazil: Calu sells dairy plant to Polenghi

July 26, 2018
-
Food, Latin America, Manufacture & Distribution, Mergers & Acquisitions

Calu, a Brazilian agricultural cooperative,  has announced the sale of its plant in Uberlandia’s industrial district in Minas Gerais to dairy firm Polenghi, part of the French Savencia group. The deal follows suspension of construction at the site in 2015, with 90% of the works completed, due to the economic situation in Brazil. According to sources, Polenghi plans to restart construction works soon and expects production to begin in January …

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