Acquisition in Egypt

Date 01.24.2019 | Category: News
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Lactalis IDM Jan19

Lactalis has announced the acquisition of Cairo-based Greenland Group for Food Industries from Middle East food company Americana Group. The purchase has been made through the Egypt joint venture Lactalis-Halawa, which was set up in 1997. Financial details were again not disclosed.

 

Greenland, who were founded in 1995, are mainly cheesemakers and export to 50 countries. They also produce ghee, milk, juices and other fresh dairy products for foodservice, based on five sites in Egypt employing 1,250 people. For more visit Lactalis.fr/en/



Source: Lactalis
Author: COX
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