Italy: Granarolo to acquire Calabro Cheese
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 […]
Italy: Granarolo acquires majority stake in Venchiaredo
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% […]
Italy: Granarolo acquires majority stake in Quality Brands International
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 […]
Italy: Granarolo to strengthen presence in Brazil with Allfood stake
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. […]
Italy: Granarolo invests in ‘free from’ space
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 […]
Italy: Granarolo opens new plant in Bologna, sets sights on Latin America
The Italian dairy company Granarolo has inaugurated a new production site at its headquarters in Bologna, as part of an investment programme that commenced in 2009. The total amount of investment in the Bologna site between 2009 and 2014 is in excess of €40 million ($47 million), and the company said it planned to invest […]
Italy: Granarolo completes Codipal acquisition
In line with an agreement signed in March 2013, Italian food giant Granarolo has completed the 100% acquisition of French dairy holding company Compagnie du Forum. Compagnie du Forum is the holding company of the Codipal group which is active in the dairy market in France, in particular through its Costa Azzurra brand. In 2013, […]