Announced
Financials
Sources
Tags
food and beverages
Food Products
Morocco
Acquisition
Majority
Single Bidder
Cross Border
Private
Pending
Synopsis
Grupa Polmlek, a food and beverages manufacturer, agreed to acquire Safilait, a dairy company specializing in the processing, packaging and sale of fresh milk, from Bel Group, a multinational cheese marketer centered in France. Financial terms were not disclosed. “We are committed to Morocco since the 1970s and will continue to invest, to consolidate the position of our historical brands in the country. Since 2015, Safilait, thanks to the strong expertise and mobilization of the teams, has consolidated its position as a major dairy player in Morocco, that Polmlek aims to strengthen,” Cécile Béliot Bel Group CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.