Sale of Bel Shostka Ukraine by Bel to Groupe Lactalis DATE September 2021 TRANSACTION TYPE Trade sale VALUE Undisclosed SECTOR Food & Beverage Transaction Overview Spayne Lindsay is delighted to announce that it has advised Bel Group, world leader in branded cheese, in its disposal of Shostka, the Ukraine-based subsidiary of the group, to Lactalis Group, the world’s no. 1 dairy products supplier. The Bel Group is a world leader in branded cheese and a major player in the healthy snack market. Its portfolio of differentiated and internationally recognized brands include such products as The Laughing Cow®, Kiri®, Mini Babybel®, Boursin®, Pom’Potes®, and GoGo squeeZ®, as well as some 20 local brands. With this asset disposal, Bel ramps up rollout of its strategic roadmap with a view to boosting growth of its three complementary market segments – dairy, fruits and plant-based. Founded in 1933, Lactalis group is a French family business and the world’s no. 1 dairy products supplier. Serving the daily lives of millions of households, Lactalis is famed for iconic brands such as Président, Galbani and Parmalat and strives to ensure it sustainably upholds milk expertise as world no. 1 AOP provider. Contact Spayne Lindsay for further information CONTACT US Spayne Lindsay & Co. LLP is a limited liability partnership registered in England and Wales under Partnership No. OC307647 and is regulated by the Financial Conduct Authority. Registered office address: Devonshire House, 1 Devonshire Street, London W1W 5DR. Spayne Lindsay & Co Limited is a limited company registered in England and Wales under Company No. 09500191. It is an Appointed Representative of Spayne Lindsay & Co LLP and therefore regulated by the Financial Conduct Authority. Registered office address: Devonshire House, 1 Devonshire Street, London W1W 5DR. Legal Information | Privacy Policy. All Rights Reserved - Spayne Lindsay & Co Designed & Created by Graphic Booth