Sale of Bel Shostka Ukraine by Bel to Groupe Lactalis

DATE
September 2021

TRANSACTION TYPE

Trade sale

VALUE
Undisclosed

SECTOR
Food & Beverage

Spayne Lindsay is delighted to announce that it has advised Bel Group, world leader in branded cheese, in its disposal of Shostka, the Ukraine-based subsidiary of the group, to Lactalis Group, the world’s no. 1 dairy products supplier.

The Bel Group is a world leader in branded cheese and a major player in the healthy snack market. Its portfolio of differentiated and internationally recognized brands include such products as The Laughing Cow®, Kiri®, Mini Babybel®, Boursin®, Pom’Potes®, and GoGo squeeZ®, as well as some 20 local brands.

With this asset disposal, Bel ramps up rollout of its strategic roadmap with a view to boosting growth of its three complementary market segments – dairy, fruits and plant-based.

Founded in 1933, Lactalis group is a French family business and the world’s no. 1 dairy products supplier. Serving the daily lives of millions of households, Lactalis is famed for iconic brands such as Président, Galbani and Parmalat and strives to ensure it sustainably upholds milk expertise as world no. 1 AOP provider.