M&A Deal Summary

Bel Acquires Shandong Junjun Cheese

On August 1, 2022, Bel acquired food company Shandong Junjun Cheese

Acquisition Highlights
  • This is Bel’s 4th transaction in the Food sector.
  • This is Bel’s 1st transaction in China.

M&A Deal Summary

Date 2022-08-01
Target Shandong Junjun Cheese
Sector Food
Buyer(s) Bel
Deal Type Add-on Acquisition

Target

Shandong Junjun Cheese

Dezhou, China
Shandong Junjun Cheese is a milk producer that primarily operates as a co-manufacturer with strong financial, industrial, and R&D capabilities. Shandong Junjun Cheese was formed in 2017 and is based in Dezhou, China.

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Buyer(S) 1

Buyer

Bel

Suresnes, France

Category Company
Founded 1865
Sector Consumer Services
Employees12,510
Revenue 3.5B EUR (2020)
DESCRIPTION

Bel through its subsidiaries, is engaged in creation, production, and sale of branded cheeses in France and internationally. It offers its products under 5 core brands, including The Laughing Cow, Mini Babybel, Kiri, Leerdammer, and Boursin, as well as under approximately 25 local brands. Bel was founded in 1865 and is based in Suresnes, France.


DEAL STATS #
Overall 4 of 4
Sector: Food M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
Country: China M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-12 All in Foods

Saint-Nazaire, France

All in Foods is a provider of plant-based foods to develop a wide range of plant-based alternatives to cheese, available in slices, blocks, bloomy rind, grated, and spreads, as well as plant-based sauces, under Nature & Moi brand. All in Foods was founded in 2013 and is based in Saint-Nazaire, France.

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