Savencia Fromage & Dairy

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Savencia Fromage & Dairy
FormerlyBongrain
Euronext: SAVE
CAC All-Share
IndustryDairy
Headquarters
France
RevenueIncrease €6.8 billion (2023)[1]
Increase €96.5 million (2023)[1]
Number of employees
25,931[citation needed]
DivisionsCheeses ; Creams and Butters

Savencia Fromage & Dairy, named Bongrain until 2015,[2] 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).[3]

History

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In June 2019, Savencia announced the acquisition of Fromageries Papillon, a company specializing in Roquefort cheese.[4]

Controversies

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Groupe Savencia faced criticism for continuing its operations in Russia following the Russian invasion of Ukraine in 2022.[5] 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.[6][7]

Savencia has faced criticism from animal welfare advocates for continuing to use caged eggs in some of its products, despite announcing a commitment to source only cage-free eggs by the end of 2025;[8] the pledge has been criticized as incomplete because it does not cover all of the company’s global operations, prompting the Switzerland-based animal welfare organization Five Freedoms[9] to launch a campaign CagedBySavencia.com[10] informing consumers about what it describes as potential discrimination based on market location and the broader animal welfare challenges Savencia faces in maintaining reliance on caged egg production.

References

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