Leerdammer

Bel Group and Lactalis Group announced the completion of the sale to Lactalis of a business comprising Royal Bel Leerdammer NL, Bel Italia, Bel Deutschland, the Leerdammer brand and all related rights, plus Bel Shostka Ukraine. These have all been transferred to Lactalis by Sicopa, a wholly-owned Bel subsidiary, in return for 1,591,472 Bel shares (23.16% equity stake) held by Lactalis. All the transaction’s pre-conditions have been met, including a European Commission unconditional merger approval received on 26 August 20211. …