Today Ernst Isaev, President of Group of companies "NERAL" and Alex Bongrain, President of the Concern SAVENCIA Fromage & Dairy, have signed a project for the acquisition of the majority stake of JSC "Belebeevsky dairy plant".
JSC "Belebeevsky dairy plant", founded in 1932, is located in the Republic of Bashkortostan. The enterprise has a well-developed logistics network, supplying products to all major retail chains; it is a modernized production site with a good resource base.
"This transaction can seriously affect the market in case the company will bring new technologies and will produce new types of cheeses. This is a positive thing, which is the indicator of the Russian market as interesting and attractive for investments, including foreign ones", - said the Director of the Russian Dairy Research Center (RDRC) Mikhail Mishchenko.
As noted in SAVENCIA, the project embodies the mutual desire to develop Belebeevsky dairy plant. The project aims to become a key player on the cheese market, starting with the current portfolio of famous brands.
Ernst Isaev, the President of Group of companies "NERAL", said: "I am very pleased with this project which will mean a new stage in the history of the plant. Knowledge and skills of one of the world leaders in cheese production will make another leap in the dynamic development of this enterprise in the Republic of Bashkortostan, which we have been developing for more than 20 years."
"I am very happy that this project is included in the scope of our strategy for international development SAVENCIA Fromage & Dairy and will allow to develop a proposal for fine cheeses for the great cheese market in Russia, starting with the installation of quality equipment in a huge dairy region," said Alex Bongrain, President of the Concern SAVENCIA Fromage & Dairy.
Savencia Fromage & Dairy is one of the world leaders in the production of dairy products, ranking 2nd in France and 4th in the world. It's a family company whose shares are listed on Euronext Paris.
In 2016, according to the Russian Dairy Research Center, "Belebeevsky dairy plant" processed 160 thousand tons of milk. The company is the tenth in terms of milk processing in Russia. Among the producers of hard cheeses the plant is estimated to be first or second.
Today, the plant belongs to GC "Neral", which in addition owns cattle-breeding complexes and manufacturer of ice cream, the company for the production of sparkling wines etc.
Earlier, The DairyNews wrote that net sales of French Savencia in 2016 amounted to 4.42 billion Euros (4.69 billion U.S. dollars), which is 0.5% less than in 2015.
Read full article in Russian on DairyNews.ru