Granarolo

Granarolo, an Italian dairy company based in Bologna, has announced the acquisition of 100% of Calabro Cheese, a US fresh cheese distributor. The acquisition will allow Granarolo to build a strategic platform to distribute its wide range of typical and PDO products from Italy, the company said. “The consolidation of Granarolo in the USA is an important step in the Group’s foreign growth policy”, said Granarolo chairman Gianpiero Calzolari. “The …

Granarolo, an Italian dairy company based in Bologna, has announced it is acquired a majority stake in Venchiaredo, a specialist maker of stracchino cheese. Founded in 1968, Venchiaredo has a product range that includes Venchiaredo stracchino cheese, Friulan stracchino, and Venciaredo Fresh. The company reported turnover of €26.9 million ($30.42 million) in 2018, up 18% on the year before. The deal sees Granarolo increase its stake Venchiaredo from 24% to …

Leading Italian dairy company Granarolo has acquired a 50.01% stake in Quality Brands International (QBI) , a Greek distributor of European dairy products that closed 2016 with a turnover of €20.2 million ($22.2 million). Granarolo said the acquisition would enable the group to consolidate its operations in Greece, a market into which it has been selling for over 10 years through QBI. Granarolo is currently said to be the leading …

Italian dairy company Granarolo has acquired a 60% stake in Allfood, one of the leading importers and distributors of European food in Brazil. The deal represents the second deal concluded by the Italian group in Brazil in the last two years, following its acquisition of a 60% stake in the cheese producer Yema in 2015. With the Allfood stake, Granarolo said it aimed to strengthen its presence in Brazil through synergies …

Italian food manufacturer Granarolo has expanded in the ‘free from’ space with the acquisition of bakery firm Pandea Dietetica and a 30% stake in cheese snack firm San Lucio. Operating in Parma since 1946, Pandea Dietitica registered turnover of €12.9 million ($13.7 million) in 2015, of which 66% was derived from conventional baked goods including crackers and breadsticks, and the remainder from specialty gluten-free products. San Lucio, meanwhile, owns the Groksi brand …