47068
Alvoar Lacteos S.A.
Mar 28, 2023
Brazil
Latin America and the Caribbean
May 30, 2023
B - Limited
Active
Jun 18, 2025
Regional Industry MAS LAC & EUR
Agribusiness and Forestry
Approved : May 30, 2023
Signed : Oct 18, 2023
Invested : Nov 16, 2023
Dairy Products
The proposed investment consists of a common equity investment of up to BRL160 million in Alvoar Lacteos (“Alvoar” or the “Company”), to support the Company’s expansion program, which includes the installation of new equipment, renovation of existing industrial units, construction of a new unit for cheese production and E&S improvements.
Founded in January 2022, Alvoar is the company resulting from the merger of Betania Lacteos S.A. (“Betania”), a leading dairy producer in the Northeast of Brazil, and Embare Indústrias Alimentícias S.A. (“Embare”), a dairy producer with a strong industrial presence in the Midwest of Brazil.
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