Cade approves acquisition of Levitare and Búfalo Brasil by Tirolez

The Superintendência-Geral do Conselho Administrativo de Defesa Econômica (Cade) approved, without restrictions, the acquisition by Laticínios Tirolez of the entirety of the quotas representing the share capital of Levitare Indústria e Comércio de Laticínios and Búfalo Brasil Agroindústria. The notice was published in . As shown by the (real-time news system of Grupo Estado), with Levitare, Tirolez's portfolio will now include more than 50 products based on buffalo milk. Tirolez has factories in Minas Gerais (Tiros and Arapuá), in São Paulo (Monte Aprazível and Lins) and in Santa Catarina (Caxambu do Sul). The Levitare factory is located in Vale do Ribeira (SP). Tirolez expects double-digit revenue growth. The company's CEO, Marcel de Barros, told in early October that the company's goal is to grow more than 10% annually until 2027, in order to reach R$ 2.5 billion in revenue. "For Tirolez, the operation represents an opportunity to enter a new market segment, as it ...