Italian cheese maker Nuova Castelli is expanding in the US through the acquisition of a 75% stake in New Jersey-based Empire Specialty Cheese. The US is among the markets to which Nuova Castelli exports its range of cheese but the company said the deal would give it "a direct presence" in the market.
Empire Specialty Cheese operates a production site in Buffalo, New York. Nuova Castelli indicated it would look to invest in other US dairy businesses. "The takeover of Empire Specialty Cheese will result in the creation of Castelli American Group Ltd, with a view to absorbing more US dairy concerns."
Source: http://www.just-food.com/