Savencia Fromage & Dairy, a group in the cheese and dairy products sector, announced the signing of an agreement for the purchase of the Brazilian Quatá Alimentos, one of the main players in the cheese, milk and dairy products segment. The amount of the transaction was not revealed.
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If the deal is approved by regulators, Savencia will strengthen its position in the Brazilian market by adding the Quatá and Gloria brands to its product portfolio. In Brazil, Savencia already owns the Polenghi, Campo Lindo, Polenguinho and Frescatino brands, among others.
Quatá is a family business with factories located in São Paulo, Minas Gerais and Rio de Janeiro. It was founded in 1990 in Teodoro Sampaio, in the interior of São Paulo. It is a leader in segments such as charcoal, gorgonzola, emmental and gruyere. It has more than 1,900 employees.
“Today, we take a new step in our trajectory by joining Quatá to the great Savencia family, guided by the same values that brought us here. This movement honors Quatá’s journey and reinforces the desire that our legacy be continued and strengthened by this great company,” said José Henrique Coutinho and Maurício Franco, founders of Quatá Alimentos.
In the press release published to the market, the French group Savencia states that the acquisition of Quatá strengthens the company’s presence in Brazil, started in 1944. It has factories in São Paulo, Minas Gerais and Goiás and has more than 1,500 employees. Worldwide, it has more than 22,000 employees and is present in 120 countries. The group is the second largest cheese producer in France and the fifth largest in the world.
“This acquisition strengthens Savencia’s historic presence in Brazil, where the group has been established for decades with traditional local brands such as Polenghi (since 1947), Campo Lindo (since 1944), Polenguinho (since 1955) and Frescatino (since 1998). This is an important step in our growth trajectory in Brazil, as it will allow Savencia to complete its portfolio and consolidate its position in the Brazilian dairy sector. market”, declared Olivier Delaméa, general manager of the Savencia group, in the note.
The completion of the operation depends on the approval of the Administrative Council for Economic Defense (Cade) and compliance with the regulatory procedures provided for by law. Until the approval process is completed, the two companies continue to operate independently.
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