Catupiry announces the purchase of Lactojara Laticínios.

Catupiry announced this Tuesday (9) the acquisition of Lactojara Laticínios, a company that brings together the operations of the North American Leprino Foods in Brazil. The transaction was communicated through a press release. Leprino Foods is considered the world's largest producer of mozzarella cheese and operates in more than 79 countries. The completion of the deal, however, still depends on the approval of the Administrative Council for Economic Defense (Cade). The values of the operation were not disclosed. According to Catupiry, the acquisition is part of the company's expansion strategy and reinforces its presence in the dairy segment, especially in the cheese category. “We are combining the tradition and innovation of Catupiry with the expertise of a world leader in mozzarella. This is a strategic step that gives us the necessary production muscle to continue strengthening our portfolio of more than 130 products in the market,” said the company's CEO, Andrea Areal, in a statement. In addition to expanding production capacity, the operation adds a new industrial plant to Catupiry's structure, strengthening its presence in the national dairy market.

This text was translated by machine from Brazilian Portuguese.