Announced
Completed
Financials
Sources
Tags
Food Products
Majority
Friendly
Acquisition
Private
Portugal
dairy products
cheese brand
Cross Border
Completed
Single Bidder
Synopsis
Lactalis, a dairy producer group, completed the acquisition of Sequeira & Sequeira, a dairy group. Financial terms were not disclosed. “We are delighted with the coming together of these two family businesses, driven by common values. It will enable Lactalis to develop the production and sale of local cheeses in Portugal and will therefore complement its existing offer in the country. The wholesale activity will allow us to strengthen distribution and export activities," Miguel Romão, Lactalis General Manager.
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