Savencia Fromage & Dairy groupe: The latest figures, news and market research on Savencia Fromage & Dairy groupe

Turnover: 6.79 billion EUR (2023)

Country: France

World leader in cheese production

Founded in 1956, Savancia (formerly Bongrain) is an independent family-owned group, listed on Euronext Paris, specializing in dairy products. Today, the group has two divisions:

A cheese business (57.7% of sales in 2018): with brands such as Caprice des Dieux.
A "Dairy" business (45.1% of sales in 2018): butter, cream, ingredients and dairy products for retailers, professionals (restaurateurs, etc.) or food industry manufacturers.

The group has over 70 production sites and sells its products in more than 120 countries.

The Savencia group is present in the world of chocolate through Savencia Gourmet, an entity that owns several production subsidiaries in France, including :

Valrhona, which produces high-end chocolates for bakeries, pastry shops, restaurants and other professionals, as well as for consumers (bonbons de chocolat, chocolats de dégustation, chocolats de pâtisserie, etc.) at its plant in Tain l'Hermitage (26)
Révillon Chocolatier, which makes chocolates for Christmas (95% of sales) and Easter (5% of sales) at its site in Le Coteau (42). This site has a production capacity of over 6,000 tons a year.
Chocolat Weiss, which produces close to 1,000 tonnes of chocolate couvertures, moldings and bonbons each year at its Saint-Étienne (42) site
Chocolatree, a specialist in high-end chocolate decoration (pure cocoa butter printing, chocolate decorations, etc.)

The Group increased its stake in Compagnie Fromagère in Tunisia to 50% and in Ferrari in Italy to 49%.

News

Savencia net profit in 2022 down 09/03/2023

Savencia net profit in 2022: 68 million euros (-18% year-on-year).
Savencia sales in 2022: 6.5 billion euros (+16.8% year-on-year).
Organic growth of 16.7% in the "other dairy products" category.
Continued price increases for industrial dairy products between 2020 and 2022 in France.
Savencia presence in Ukraine and Russia, acquisition of OAO Belebey in 2018.

Savencia invests in Responsible Bio with Vivre Vert. 14/03/2022

Range of 13 references (ultra-fresh, milk, cheese and culinary aids).
Creation of two plant-based products in April: a "salad-perfect" mozzarella, an original product, and a plain spread, manufactured at the Group's French industrial sites, while other references are outsourced.

Savencia Fromage & Dairy reports satisfactory growth 11/02/2022

Cheese and dairy products manufacturer Savencia Fromage & Dairy ends 2021 with sales of 5.6 billion euros, up 8.7%
This was due to the integration of CF&R and Alternative Foods, and organic growth of 7.3%