Announced
Financials
Sources
Tags
Single Bidder
cheese factory
France
Food Products
Domestic
Majority
Friendly
Acquisition
Joint Venture
Private
Pending
Synopsis
Savencia Fromage & Dairy, a food company specializing in the production of cheeses, and Sodiaal, a dairy cooperative, to form Compagnie des Fromages & RichesMonts joint venture. Financial terms were not disclosed. “With the strong brands of CF&R, Le Rustique, Coeur de Lion and RichesMonts, this merger will consolidate our major positions in Europe and will accelerate their development in international," Jean-Paul Torris, Savencia Fromage & Dairy Managing Director.
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