Savencia Fromage & Dairy, the French family-owned dairy group, has signed an agreement to acquire Quata Alimentos, a Brazilian manufacturer of cheese and dairy products. The acquisition, which remains subject to approval by the Brazilian antitrust authority CADE, is intended to strengthen Savencia’s position in the Brazilian market. The deal adds established brands such as Gloria and Quata to Savencia’s local portfolio. Based in Sao Paulo, Quata Alimentos was founded …
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Savencia
Savencia, the French dairy processor, has announced it has reached a deal to acquire roquefort specialist Papillon for an undisclosed sum. Papillon is described as a historic producer of PDO roquefort, marketing cheese “reputed for its exceptional quality” since 1906. Savencia, which has been distributing Papillon cheese in French retail channels since 2007, said the acquisition was part of its strategy to strengthen its portfolio with high quality, locally-produced cheeses. …
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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