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Ardian becomes the new Frulact shareholder

Portugal. May 15, 2020 – Based on the agreement announced on January 15, 2020, and after having overcome all legal precedent conditions, 100% of Frulact’s share capital has been acquired yesterday by Ardian.

Ardian, together with the Management Team, led by Duarte Faria as CEO, will implement a strategic plan to accelerate growth, business expansion, and talent development, reinforcing the level of service to customers, and the value creation.

Ardian is convinced that Frulact’s talented, motivated, and highly skilled teams will be key for the future success of the company.