Portugal, April 1 2024 – The Portuguese dairy market is undergoing significant changes with two major acquisitions reshaping the sector. Lactogal, a leading dairy company, has announced the acquisition of Queijos Santiago, a well-established Portuguese cheese producer. This acquisition strengthens Lactogal’s presence in the market by expanding its cheese offerings and enhancing its product portfolio.
The deal includes Queijos Santiago’s entire brand portfolio and factories located in Montemuro, Palmela, and Portalegre. This move enables Lactogal to diversify its offerings of fresh produce and compete more effectively in the Iberian market. Queijos Santiago produces a range of fresh, sliced, and cured cheeses, made from 100% Portuguese milk.
The acquisition aligns with Lactogal’s strategy to grow its market share in Portugal and beyond. Lactogal already commands a strong presence with well-known brands such as Mimosa, Primor, and Agros. This acquisition will further solidify its leadership in the Portuguese dairy market.
In another major development, French multinational Lactalis has acquired the Sequeira & Sequeira group, which owns the popular cheese producer Lacticínios do Paiva. This acquisition will enhance Lactalis’ ability to offer Portuguese dairy products, including flamengo and cured cheeses, both domestically and for export.
Lactalis views this acquisition as an opportunity to expand its presence in the Portuguese dairy market. It also strengthens its distribution network in Portugal, Cape Verde, and Mozambique. These strategic moves signal a period of consolidation in the Portuguese dairy market, with Lactogal and Lactalis leading the charge through their recent acquisitions.