The France headquartered private dairy Bel Group has acquired 70 percent of the Chinese of Shandong Junjun Cheese’s share capital. Shandong Junjun Cheese is based in North-Eastern China. Founded in 2017, their portfolio of products is comprised of a large range of cheese which achieved over a 100 percent annual growth since 2018. The Bel Group specialized in cheese and snacks generated in 2021 with 11800 employees sales of 3.38 billion euros.