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Lactalis has agreed to acquire Portuguese cheese manufacturer Queijos Tavares from Crest Capital Partners.

The deal includes two production sites in Seia and Fundão.

Founded in 1996, Queijos Tavares produces cow, sheep and goat cheeses under brands including Seia do Tavares, Serras de Penela, Damar and Monte da Soalheira. The company is a major supplier to the retail and hospitality sectors in Portugal and holds three PDOs for its specialty sheep cheeses.

The acquisition adds 120 employees to Lactalis Portugal, bringing its total workforce to 820 across four production sites. It follows the 2024 acquisition of Sequeira & Sequeira and further expands the company’s presence in Portugal’s cheese market.

The transaction is subject to regulatory approval.