Savencia Fromage & Dairy - Misplaced Pages

French food company

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Savencia Fromage & Dairy

Formerly	Bongrain
Traded as	Euronext: SAVE CAC All-Share
Industry	Dairy
Headquarters	France
Revenue	€6.8 billion (2023)
Net income	€96.5 million (2023)
Number of employees	25,931
Parent	Soparind SCA
Divisions	Cheeses ; Creams and Butters
Website	www.savencia-fromagedairy.com/en/

Savencia Fromage & Dairy, named Bongrain until 2015, is a French food company specializing in the production of cheeses. Brands include Saint Agur Blue, Saint Albray, Etorki, Alouette and Pié d'Angloys. An independent family group, it is owned by the Bongrain family, via the Savencia Saveurs & Spécialités Group, a holding company which also includes Bordeau Chesnel and De Neuville.

In 2017, it was the eighteenth largest dairy processing company in the world, in terms of turnover, and the fourth largest in France, behind Danone (second worldwide), Lactalis (3rd) and Sodiaal (16th).

Controversies

Groupe Savencia faced criticism for continuing its operations in Russia following the Russian invasion of Ukraine in 2022. Despite international calls for companies to sever ties with Russia as part of the global effort to isolate the Russian economy, Savencia has maintained its position in the Russian market. The company, known for its dairy products, has not shown any intention of exiting Russia, a stance that has attracted significant attention, particularly from initiatives like the Leave Russia campaign.

References

^ "Savenica S.A. – Company information". Euronext. Archived from the original on 2024-09-12. Retrieved 2024-09-12.
"Bongrain SA Change de nom et devient Savencia Fromage & Dairy" (PDF) (Press release) (in French). Savencia Fromage & Dairy. 16 March 2015.
"Global Dairy Top 20 2017". research.rabobank.com. Retrieved 2023-05-22.
"Groupe Savencia". leave-russia.org. Retrieved 2024-12-11.
"From Nestlé to PepsiCo, some multinational giants have stayed in Russia despite war in Ukraine". 2023-10-07. Retrieved 2024-12-11.
"French Dairy Giants' Fate in Russia: Danone's Departure, Lactalis and Savencia Stand Firm". dairynews.today. Retrieved 2024-12-11.

External links

Official website

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