Simest acquires 49% of Granarolo Usa

Jan 28, 2022 405

With an investment of 10 million euros, Simest (Cdp Group) has acquired a 49% stake in Granarolo Usa, the American subsidiary of the Italian company among the leaders in the dairy sector. The operation was carried out through its own resources and with the intervention of the Venture Capital fund, a facilitating instrument that Simest manages in agreement with the Ministry of Foreign Affairs and International Cooperation.

The resources will contribute to the growth of the Bolognese group in the North American area, in line with the international development strategy and enhancement of the Italian milk supply chain.

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