Granarolo lands in the United States. The Italian company acquired 100% of Calabro Cheese, a US company that sells fresh dairy products, especially ricotta, mozzarella and burrata. The operation will allow Granarolo "to build a strategic platform to distribute a wide range of typical and PDO products from Italy - reads a note - and therefore also to enhance an Italian raw material, in light of the stagnation of the national market" .
Last year, Calabro Cheese's consolidated revenues peaked 25 million dollars, a result in line with previous years, despite the effects of Covid-19. The US company is based in Connecticut, 130 kilometers north of New York, and was founded in 1953 on the initiative of Joseph Calabro and his father Salvatore.
For Granarolo sales abroad in 2020 they represented the 33% of the total. "The United States had long been a target country - explains the note - but the pandemic has slowed down scouting operations and the finalization of an essential acquisition to be able to govern such vast territories". Other acquisitions are planned in the 2021-2025 strategic plan of the Italian company.
“The consolidation of Granarolo in the United States is an important step in the group's growth policy abroad – he explains Gianpiero Calzolari, president of Granarolo – The project is to replicate the performance achieved in other markets, such as France, where we have grown significantly, reaching a volume share of 18,5% of the total Italian diary. The United States will be the target country for 2022. We will aim to strengthen production, to bring seasoned products to a well-established distribution platform and to help make our excellence known on the US market”.
“We are convinced that the synergistic work of the two teams can help grow the business in the United States - added Frank Angeloni, president of Calabro Cheese - Granarolo has a large portfolio of high quality DOP products manufactured in Italy which will complete the he offer of fresh Calabro cheeses in the United States Granarolo has repeatedly demonstrated great determination and capacity for innovation, vital factors for those who want to operate on the American market”.
