FrieslandCampina aquires 80% share of Italian Orange

Royal FrieslandCampina has signed an agreement to acquire the activities of the Italian company DEK Srl and 80% of the shares of Orange Srl. This transaction reinforces the position of FrieslandCampina in the Italian cheese and butter market and further boosts its market position. Italy is one of the largest markets in the EU for (semi) hard cheeses. For several years, DEK Srl has been FrieslandCampina’s dedicated sales agent in Italy for cheese and butter, serving customers in the retail