France: Bel Group acquired 70 percent of Shandong Junjun Cheese’s share capital

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.

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