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Granarolo acquires majority stake in Italian company Venchiaredo

The Company is specialized in the production of stracchino cheese

Italian dairy company Granarolo has bought a majority stake in cheesemaker Venchiaredo for an undisclosed sum. The deal sees Bologna-headquartered Granarolo increase its stake in the company from 33.5% to 57.5%.Based in Ramuscello in northeastern Italy, Venchiaredo specialises in the production of stracchino cheese. Last year, the firm had a turnover of €26.9 million, up 18% on the year before. With 8...

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EFA News - European Food Agency
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