"Damate" acquired the manufacturer of ice cream "Penzakholod"
In late April group of companies “Damate” completed a deal to acquire 100% of the shares of the cold storage plant-manufacturer JSC "Penzakholod". The product line of the group, which already includes Turkey meat, lamb and dairy products, will be supplemented with ice cream.
The cold storage plant was founded in 1958 as a logistics center for the procurement, storage and distribution of berry, vegetable, fish, meat, and dairy products for Penza region and neighboring regions. In 1993, the company started producing ice cream. After the reconstruction carried out in the early 2000s, the production capacity of "Penzakholod" was increased several times and today exceeds 10 thousand tons of products per year. The revenue of the company was 200 million rubles in 2019.
"Penzakholod" produces more than 30 types of ice cream under the brand "Nashe (Our)", which is sold through a network of distributors throughout the country, as well as exported to Kazakhstan, Belarus and Armenia. In addition, the plant has successfully passed certification for export to China.
The company has created a full production cycle, including 12 production lines, its own waffle baking shop, laboratory and vehicle fleet.
An important advantage of the cold storage plant is the availability of storage facilities, which are equipped with a modern automated storage system, allowing you to place up to 1.5 thousand tons of products at the same time.
“Penzakholod” has a good production base and a first-class team of professionals. Modern production facilities of the enterprise will be integrated into the structure of the group of companies “Damate” and will become a solid basis for further development. “Damate”, for its part, will bring financial and investment opportunities to the project, as well as extensive experience in modernizing and scaling projects", said Rashid Khayrov, CEO of “Damate”.
The group of companies “Damate” has already many years of experience in modernizing the milk processing plant and dairy production. The group includes the largest milk processor of Penza region "Penza Dairy plant" ("Molcom") with a processing capacity of up to 300 tons of raw milk per day. The company is undergoing another stage of modernization at a cost of 1.5 billion rubles. By the end of 2019, the company increased its production of dairy products by 15% to 51 thousand tons. The product line includes more than 100 items. Ice cream will be a logical continuation of the development of milk processing in the company.
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