Smiltenes Piens has acquired Cesvaines piens for an undisclosed amount. The transaction sees Smiltenes Piens take full ownership of one of Latvia's largest and oldest cheese producers, known for its extensive range of dairy products and strong market presence.
Cesvaines piens specializes in producing semi-hard cheese from milk gathered exclusively from regional Latvian farms, ensuring products are free from artificial preservatives or flavor enhancements. The company is a leading producer of organic cheese in Latvia and offers a diverse portfolio including hard cheese, specialty cheese, butter, and curd. With a customer-based approach, Cesvaines piens provides tailor-made solutions for clients ranging from major European retailers and medium-sized food service companies to private label services and small local organic shops. Its products are exported to more than 15 countries worldwide.
This acquisition is strategically significant for Smiltenes Piens, aiming to expand its product offerings and market reach. By integrating Cesvaines piens, Smiltenes Piens gains a robust organic cheese production capability and strengthens its international export footprint. The synergy between the two entities is expected to enhance production efficiencies, broaden the combined product portfolio, and solidify their position in both domestic and international dairy markets. Cesvaines piens's expertise in specialty and organic products, coupled with its established export channels, complements Smiltenes Piens's existing operations.
The combined entity is poised to become a more formidable player in the Baltic dairy sector. This integration is anticipated to foster innovation, improve service capabilities for a wider customer base, and drive growth across various product categories, particularly in the expanding organic and export segments.