Granarolo S.p.a.

Granarolo said its strategic plan includes other acquisitions with a focus on dairy producers in strategic markets. Pic: Granarolo

Granarolo buys US company Calabro Cheese

By Jim Cornall

Granarolo S.p.A. has announced the acquisition of 100% of Calabro Cheese Corp. a US company based in East Haven, Connecticut, which produces and markets fresh dairy products, in particular ricotta, mozzarella and burrata.

The board of directors has proposed the distribution of a dividend of €12.5m ($14.9m).  Pic: Granarolo

Granarolo meets 2020 financial targets

By Jim Cornall

Italian dairy company Granarolo S.p.A. said despite the challenging and complex nature of 2020, the company met its profitability targets.