Freesland Campina sells its Romanian business to Bonafarm Group
Dutch dairy cooperative Freethland Campina has agreed to sell its Romania operations to the Bona Farm Group.
Financial conditions have not been disclosed.
The agreement includes Frieslandcampina’s interest in a Romanian entity that owns the Napolact brand. Just food Please ask for more details.
It also covers two production sites, Cluj-Napoca and Târgu Muret, as well as about 400 employees.
In a statement, the owners of Campina, Friesche Vlag and Dutch Lady Brands said the deal is in line with a strategy that focuses on “core markets, high value-added growth segments” and “company-wide synergy.”
FrieslandCampina said they wanted to concentrate on a market where milk from its member dairy farmers can “optimally value it.”
Despite holding a major position in the local dairy market, the Romanian business offers a “limited synergy” with Friesland Campina’s European portfolio, Dairy Group said.
The Bonafarm Group is expected to provide “capable” management to Romanian businesses.
The decision was “not taken lightly,” according to Dustin Woodward, president of Friesland Campina’s European business.
He added: “This step has allowed us to better align our European portfolio, maximize the value of our Freethland Campina Member Milk and allow us to focus our resources more effectively.”
The transaction is subject to regulatory approval, including clearance from Romanian competition authorities, and is expected to close by the end of December.
Attila Csányi, CEO of Bonafarm Group, said “there is a great opportunity to build the Napolact brand together in the future,” and plans to “invest in increasing capacity at the facility.”
Last week, Friesland Campina I warned The profits of dairy giants are expected to be under pressure later in the year due to external factors.
The company noted several “headwinds” despite revenues increasing by 6.4% to 6.8 billion euros ($7.9 billion), and net profits rose to 230 million euros in the first half of 2025.
“Consumer trust is low worldwide, which affects volume. Currency development is expected to have a negative impact and the favorability of the commodity dairy market is expected to be declining. These factors will lead to a decline in profitability,” Friesland Campina said in a statement.
December, Friesland Campina Framework agreement signed Merger with Piamilkobel in Belgium.
The proposed combination of businesses will result in ProForma revenues exceeding 14 billion euros, operating in 30 countries, employing around 22,000 staff and processing around 10 billion kg of milk.