Granarolo buys cheese company Mulino Formaggi

By: Trademagazin Date: 2021. 06. 03. 13:31

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Italian dairy company Granarolo increased its former 40-percent share to 100 percent in cheese company Mulino Formaggi. Established in 2018, Mulino Formaggi’s business model consists of a short, only 3 dairy businesses long supply chain and 78 percent of its products are sold abroad. Granarolo opines that the Parma factory has strategic importance in developing the hard cheese business line.