US-based manufacturer of Italian cheeses BelGioioso Cheese has entered into an agreement to acquire Polly-O from Kraft Heinz and Lactalis Group.
The acquisition of Polly-O brand of Italian cheese will expand BelGioioso’s portfolio in the dairy category in addition to its existing Casaro brand.
Founded in 1899, Polly-O is a manufacturer of Italian cheese known for its ricotta, mozzarella, and string cheeses.
“We are thrilled to add the Polly-O brand to our portfolio and want to thank the teams at Kraft Heinz and Lactalis Group for their assistance and dedication to finalizing the agreement in such a short time,” said Errico Auricchio, President of BelGioioso Cheese. “I am confident this will benefit consumers thanks to healthy competition in the category as a result of this acquisition”.
Financial terms of the transaction were not disclosed.
Source: Deli Market News