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Group Bel at glance Our history A responsible and profitable model International presence Our activities
Our brands and products Pleasure, quality and sustainability Discover Bel’s brands
Expertises Know how Industrial performance Innovation at Bel
Our commitments Contributing to healthier food Increasing the accessibility of our products Promoting Regenerative Agriculture Designing responsible packaging Fighting climate change Our Group Policies
Bel’s Foundation
Careers Our social model at a glance The Bel experience Bel jobs Student section Join us
Finance Financial calendar and Articles of association Shareholders Corporate gouvernance Regulatory information General meetings
Newsroom News Publications

Britannia Industries and French Cheese Maker Bel Group co-invest in a joint venture in India

Delhi, Suresnes, November 29th, 2022: Britannia Industries Ltd. (BIL), India’s leading Food Company and Bel, the renowned French cheese maker and major player in healthy snacking, announced today that they have signed an agreement to enter into a joint venture to offer Indian consumers a world-class range of nutritious, delicious and accessible cheese products. Bel shall acquire 49% stake in Britannia’s wholly owned subsidiary BDPL (Britannia Dairy Private Limited). The entity thereafter shall be renamed as ‘Britannia Bel Foods Private Limited’.

By joining forces through the JV, Bel Group and Britannia will create the best conditions to accelerate the development of the nascent cheese market in India thanks to the strategic complementarity of the two companies. Britannia Industries will hold 51 per cent stake in the Joint Venture Company, while Bel Group will hold 49 per cent.