
Investments
7Portfolio Exits
1Partners & Customers
10
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Latest Bel Group News
Sep 4, 2023
| The Bel Group, Royal Frieslandcampina N.V, Lactalis News Provided By Share This Article Surge in demand for protein rich food drives the growth of the U.S. cheese market. The U.S. cheese market generated $34.39 billion in 2019, and is estimated to reach $45.49 billion by 2027, registering a CAGR of 5.3% from 2020 to 2027.” — Allied Market Research PORTLAND, OREGON, UNITED STATES, September 4, 2023/ EINPresswire.com / -- The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in demand for protein rich food and growing number of quick service restaurants drive the growth of the U.S. cheese market. However, surging obesity rate restrains the U.S. Cheese market growth . Furthermore, growing consumption of fast food products due to fast paced life style is expected to provide new growth opportunities for the market player in near future. Download Sample PDF Of This Report : https://www.alliedmarketresearch.com/request-sample/4700 Leading market players analyzed in the research include Associated Milk Products Inc., Arla Foods, Bletsoe Cheese, The Bel Group, Royal Frieslandcampina N.V, Fonterra Co-operative Food, Lactalis Group, The Kraft Heinz Company, Saputo Cheese USA Inc, and Old Fashioned Cheese Inc. Covid-19 scenario: Bioactive protein of cheese helps improves the immune resistance of the body required to fight the novel corona virus. Due to this factor the demand for cheese has been surged during the Covid-19 pandemic outbreak. In addition, the change in eating habits of the consumers as they now prefer eating nutritious food, to boost the immune system have further increased the demand for cheese during the pandemic. However, the disruption in economic activities and closure of non-essential commercial establishments like restaurants, hotels, sweet shops, and bakeries declined the demand. Buy This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/23be69eb100093ccc855a433695c1e0c The report offers a detailed segmentation of the U.S.cheese market based on type and distribution channel. Based on type, the cheddar segment contributed to the largest share in 2019, accounting for nearly one-third of the total share, and is estimated to maintain its dominant position during the forecast period. However, the mascarpone segment is estimated to portray the highest CAGR of 12.7% during the forecast period. Request For Customization : https://www.alliedmarketresearch.com/request-for-customization/4700 Based on distribution channel, the retail distribution segment accounted for the largest share in 2019, holding more than three-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However,the club segment is expected to register the highest CAGR of 7.2% from 2020 to 2027. David Correa
Bel Group Investments
7 Investments
Bel Group has made 7 investments. Their latest investment was in Climax Foods as part of their Corporate Minority on April 4, 2023.

Bel Group Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/11/2023 | Corporate Minority | Climax Foods | Yes | 1 | ||
9/14/2022 | Series A | |||||
9/1/2021 | Series A | |||||
2/12/2021 | Corporate Minority | |||||
1/19/2021 | Corporate Minority - P2P |
Date | 4/11/2023 | 9/14/2022 | 9/1/2021 | 2/12/2021 | 1/19/2021 |
---|---|---|---|---|---|
Round | Corporate Minority | Series A | Series A | Corporate Minority | Corporate Minority - P2P |
Company | Climax Foods | ||||
Amount | |||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 1 |
Bel Group Portfolio Exits
1 Portfolio Exit
Bel Group has 1 portfolio exit. Their latest portfolio exit was Safilait on July 14, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/14/2022 | Shareholder Liquidity | 1 |
Date | 7/14/2022 |
---|---|
Exit | Shareholder Liquidity |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
Bel Group Acquisitions
7 Acquisitions
Bel Group acquired 7 companies. Their latest acquisition was Shandong Junjun Cheese on August 01, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
8/1/2022 | Corporate Majority | 1 | ||||
5/2/2022 | ||||||
3/12/2020 | ||||||
12/15/2016 | ||||||
8/31/2016 | Private Equity |
Date | 8/1/2022 | 5/2/2022 | 3/12/2020 | 12/15/2016 | 8/31/2016 |
---|---|---|---|---|---|
Investment Stage | Private Equity | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Corporate Majority | ||||
Sources | 1 |
Bel Group Partners & Customers
10 Partners and customers
Bel Group has 10 strategic partners and customers. Bel Group recently partnered with Generix Group on May 5, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
5/11/2023 | Vendor | France | BEL Group chooses the SaaS solution Generix Collaborative Replenishment for its procurement operations with all its retail customers . | 1 | |
4/21/2023 | Partner | United States | Bel, Climax Foods Partner to Innovate Cutting-Edge Plant-Based Cheeses The partnership between Bel Group and Climax Foods Inc. will use AI and data to help change the game and meet the challenge of scaling up quickly and effectively . | 1 | |
3/15/2023 | Partner | United States | Bel : Annual Financial Information 2022 Results 10th anniversary of Bel Group 's partnership with WWF France , aimed at fostering a more sustainable food model , and renewal of its partnership agreement with dairy producers association APBO for the sixth consecutive year to ensure fair milk prices and more sustainable farming practices . | 3 | |
2/21/2023 | Vendor | ||||
11/29/2022 | Partner |
Date | 5/11/2023 | 4/21/2023 | 3/15/2023 | 2/21/2023 | 11/29/2022 |
---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Vendor | Partner |
Business Partner | |||||
Country | France | United States | United States | ||
News Snippet | BEL Group chooses the SaaS solution Generix Collaborative Replenishment for its procurement operations with all its retail customers . | Bel, Climax Foods Partner to Innovate Cutting-Edge Plant-Based Cheeses The partnership between Bel Group and Climax Foods Inc. will use AI and data to help change the game and meet the challenge of scaling up quickly and effectively . | Bel : Annual Financial Information 2022 Results 10th anniversary of Bel Group 's partnership with WWF France , aimed at fostering a more sustainable food model , and renewal of its partnership agreement with dairy producers association APBO for the sixth consecutive year to ensure fair milk prices and more sustainable farming practices . | ||
Sources | 1 | 1 | 3 |
Bel Group Team
15 Team Members
Bel Group has 15 team members, including current Chief Executive Officer, Senior Vice President, Jerome Garbi.
Name | Work History | Title | Status |
---|---|---|---|
Jerome Garbi | Chief Executive Officer, Senior Vice President | Current | |
Name | Jerome Garbi | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, Senior Vice President | ||||
Status | Current |